Canara Bank's Q2 FY 2025-26 Quarterly Results
- 4d ago
Result Summary
- Canara Bank reported a 1.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.5%.
- Its expenses for the quarter were up by 1.6% QoQ and 10.1% YoY.
- The net profit increased 51.5% QoQ and increased 15.8% YoY.
- The earnings per share (EPS) of Canara Bank stood at 5.35 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
| (₹ crores) | Q2FY26 | Q1FY26 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 42013.74 | 41441.51 | 38006.05 | 1.4% | 10.5% |
Total Expenses | 33309.18 | 32774.20 | 30241.54 | 1.6% | 10.1% |
Provisions & contingencies | 2354.02 | 2358.96 | 2252.00 | -0.2% | 4.5% |
Profit Before Tax | 6350.54 | 6308.35 | 5512.51 | 0.7% | 15.2% |
Tax | 1484.78 | 1472.14 | 1412.19 | 0.9% | 5.1% |
Profit After Tax | 4896.43 | 3232.65 | 4226.75 | 51.5% | 15.8% |
Earnings Per Share | 5.35 | 3.52 | 4.62 | 52.0% | 15.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Canara Bank is a prominent public sector bank in India, operating in the financial services industry. The bank provides a range of banking and financial services including personal banking, corporate banking, NRI banking, and treasury services. Established in 1906, Canara Bank has a vast network of branches across India and offers products such as loans, deposits, credit cards, and investment services. As of the latest updates, there are no specific recent major developments available for Canara Bank. The bank is well-positioned within the Indian banking sector, catering to a wide array of customers from different segments of the economy.
Revenue
In the second quarter of the fiscal year 2026 (Q2FY26), Canara Bank reported a total income of ₹42,013.74 crores. This represents a 1.4% increase quarter-over-quarter (QoQ) from ₹41,441.51 crores in Q1FY26 and a 10.5% year-over-year (YoY) growth from ₹38,006.05 crores in Q2FY25. The increase in total income indicates a positive trend in the bank's revenue generation capabilities over the past year. The consistent growth in income reflects the bank's ability to enhance its revenue streams during this period.
Profitability
Canara Bank's profitability metrics for Q2FY26 show a profit before tax of ₹6,350.54 crores, which is a QoQ increase of 0.7% from ₹6,308.35 crores in Q1FY26 and a YoY rise of 15.2% from ₹5,512.51 crores in Q2FY25. The bank's profit after tax for Q2FY26 stands at ₹4,896.43 crores, marking a significant QoQ growth of 51.5% from ₹3,232.65 crores in Q1FY26 and a YoY increase of 15.8% from ₹4,226.75 crores in Q2FY25. The earnings per share (EPS) for Q2FY26 is ₹5.35, showing a QoQ rise of 52.0% from ₹3.52 in Q1FY26 and a 15.8% YoY growth from ₹4.62 in Q2FY25. These figures demonstrate robust growth in the bank's profitability over the specified periods.
Operating Metrics
In Q2FY26, Canara Bank's total expenses were reported at ₹33,309.18 crores, reflecting a QoQ increase of 1.6% from ₹32,774.20 crores in Q1FY26 and a YoY increase of 10.1% from ₹30,241.54 crores in Q2FY25. Provisions and contingencies for the quarter were ₹2,354.02 crores, showing a slight decrease of 0.2% QoQ from ₹2,358.96 crores in Q1FY26 and a 4.5% YoY increase from ₹2,252.00 crores in Q2FY25. The tax expenses for Q2FY26 were ₹1,484.78 crores, reflecting a 0.9% QoQ increase from ₹1,472.14 crores in Q1FY26 and a 5.1% YoY increase from ₹1,412.19 crores in Q2FY25. These operating metrics indicate the bank's expenditure trends and provisioning strategies over the past year.
FAQs
When was Canara Bank Q2 FY 2025-26 result announced?
Canara Bank announced its Q2 FY 2025-26 results on 31 October, 2025.
What are Canara Bank quarterly results?
Canara Bank quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.
What were the key highlights of Canara Bank Q2 FY 2025-26 results?
Key highlights of Canara Bank Q2 FY 2025-26 results include:
- Revenue: ₹42013.74 crore
- Net Profit: ₹4896.43 crore
- EBITDA: ₹28762.76 crore
- Year-over-Year Growth: 10.5%
- Quarter-over-Quarter Growth: 1.4%
How did Canara Bank net profit perform in this quarter?
Canara Bank reported a net profit of ₹4896.43 crore in Q2 FY 2025-26, reflecting a 15.8% year-over-year growth.
What was Canara Bank revenue in Q2 FY 2025-26?
Canara Bank posted a revenue of ₹42013.74 crore in Q2 FY 2025-26.