Canara Bank Reports 33% Surge in Q4 Net Profit
Canara Bank, one of India’s leading public sector banks, reported a strong financial performance in the fourth quarter of FY2024-25. The bank recorded a significant 33.19% year-on-year increase in net profit, reaching ₹5,004 crore, as compared to ₹3,757.23 crore in the same period last year. The results reflect improved operational efficiency and strong credit growth, although slight pressures were observed in net interest margins.
Canara Bank’s Q4 FY25 financial results were recently released, drawing attention due to the substantial increase in net profit, improved asset quality, and consistent growth in global business, advances, and deposits. This performance comes at a time when public sector banks are under close watch for their asset quality, profitability, and role in driving economic growth.
| Summary/Static | Details |
| Why in the news? | Canara Bank Reports 33% Surge in Q4 Net Profit |
| Net Profit (Q4 FY25) | ₹5,004 crore (33.19% YoY increase) |
| Total Interest Income | ₹31,002.04 crore (7.62% YoY increase) |
| Operating Profit | ₹8,284 crore (12% YoY growth) |
| Net Interest Income | ₹9,442 crore (1.44% YoY decline) |
| Gross NPA | 2.94% (from 4.23% YoY) |
| Net NPA | 0.70% (from 1.27% YoY) |
| Dividend Proposed | ₹4 per equity share |
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