Canara Bank's Q4FY25 Quarter Results
- 09 May 2025
Result Summary
- Canara Bank reported a 0.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 17.7%.
- Its expenses for the quarter were up by 1.4% QoQ and 22.5% YoY.
- The net profit decreased 6.2% QoQ and increased 18.6% YoY.
- The earnings per share (EPS) of Canara Bank stood at 21.8 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 37384.14 | 37429.90 | 31774.04 | -0.1% | 17.7% |
Total Expenses | 29940.40 | 29516.55 | 24447.70 | 1.4% | 22.5% |
Provisions & contingencies | 2483.68 | 2398.80 | 3097.61 | 3.5% | -19.8% |
Profit Before Tax | 4960.06 | 5514.55 | 4228.73 | -10.1% | 17.3% |
Tax | 1166.85 | 1353.55 | 995.89 | -13.8% | 17.2% |
Profit After Tax | 3990.70 | 4255.68 | 3363.65 | -6.2% | 18.6% |
Earnings Per Share | 21.80 | 4.70 | 18.40 | 363.8% | 18.5% |
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, one of India's largest public sector banks, provides a wide range of banking and financial services. It operates predominantly within the banking industry, offering services such as retail banking, corporate banking, and financial services which include investments, insurance, and asset management. Established in 1906, Canara Bank has a significant presence across India with a vast network of branches and ATMs. As of the data available up to October 2023, there is no additional information on recent major developments within the company.
Revenue
In the fourth quarter of fiscal year 2025, Canara Bank reported a total income of ₹37,384.14 crores. This figure shows a marginal decrease of 0.1% compared to the previous quarter, Q3FY25, where the total income was ₹37,429.90 crores. However, compared to the same quarter in the previous year, Q4FY24, there is a notable increase of 17.7%, when total income was ₹31,774.04 crores. This year-over-year growth reflects an increase in the bank's revenue streams over the year.
Profitability
The bank's profitability metrics reveal a mixed performance in Q4FY25. The profit before tax (PBT) was ₹4,960.06 crores, representing a decline of 10.1% from Q3FY25's PBT of ₹5,514.55 crores. Despite this quarterly decline, there is a 17.3% year-over-year increase from Q4FY24's PBT of ₹4,228.73 crores. The profit after tax (PAT) for Q4FY25 was ₹3,990.70 crores, a decrease of 6.2% from the previous quarter's PAT of ₹4,255.68 crores, but an 18.6% increase from Q4FY24's PAT of ₹3,363.65 crores. The earnings per share (EPS) saw a substantial quarterly increase of 363.8%, reaching ₹21.80 in Q4FY25 from ₹4.70 in Q3FY25, and an 18.5% year-over-year increase from ₹18.40 in Q4FY24.
Operating Metrics
During Q4FY25, Canara Bank's total expenses amounted to ₹29,940.40 crores, which represents a 1.4% increase from the previous quarter's expenses of ₹29,516.55 crores. When compared to Q4FY24, where total expenses were ₹24,447.70 crores, there is a 22.5% year-over-year increase. Provisions and contingencies for Q4FY25 were ₹2,483.68 crores, marking a 3.5% increase from Q3FY25's figure of ₹2,398.80 crores, but a 19.8% decrease year-over-year from Q4FY24's ₹3,097.61 crores. The tax paid in Q4FY25 was ₹1,166.85 crores, a decrease of 13.8% from Q3FY25's tax of ₹1,353.55 crores, and a 17.2% increase from Q4FY24's tax figure of ₹995.89 crores.
