Read
Listen
Watch
Play
Find
Mail
  • Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos

Canara Bank Q1 net profit at Rs 122.7 cr

Published on Mon, Jul 21, 2008 at 12:49 , Updated at Mon, Jul 21, 2008 at 14:23
Source : CNBC-TV18

Email    Print   

ads by google

Canara Bank has declared its first quarter results. The company's Q1 net profit was down by 48.99% at Rs 122.7 crore versus Rs 240.55 crore while net interest income up 13.99% at Rs 1019.2 crore versus Rs 894.05 crore.

CNBC-TV18 was estimated net profit of Rs 227.21 crore and net interest income of Rs 919.68 crore.

Provisions went up by 26.5% to Rs 540.91 crore from Rs 427.57 crore.

Net NPAs
Q1FY09: 0.85%
Q4FY08: 0.84%
Q3FY08: 0.89%
Q2FY08: 0.99%

Capital adequacy Ratio
Q1FY09:  12.66%
Q4FY08: 13.24%
Q3FY08: 13.66%
Q2FY08: 13.89%

 

Particulars Jun-08 Mar-08 Dec-07 Sep-07
Interest Earned / Operating Income 3730.54 3788 3550.16 3482.6
Interest on Advance 2700.37 2621.49 2468.01 2427.86
Income on Investment 985.13 943.58 1015.86 950.88
Interest on Balances 44.95 164.49 66.2 103.76
Others Interests 0.09 58.44 0.09 0.1
Other Income 368.51 714.27 546.44 572.06
Total Income 4099.05 4502.27 4096.6 4054.66
Interest Expended -2711.35 -2865.52 -2615.8 -2695.71
Operating Expenses -684.11 -697.58 -722.97 -708.64
Payment/Provisions for Employees -421.27 -356.89 -444.7 -432.12
Other Operating Expenses -262.84 -340.69 -278.27 -276.52
Total Expenditure for Banks -3395.46 -3563.1 -3338.77 -3404.35
Profit before Tax 703.59 939.17 757.83 650.31
Tax -40 -100 -100 -70
Provisions and Contingencies -540.91 -375.11 -199 -178.74
Net Profit 122.68 464.06 458.83 401.57
Equity Capital 410 410 410 410

Messages on Canara Bank

Post a comment

Other comments

Resistance and Support level

Will the banking stocks make a rally tomarrow with the welcome move by RBI of reducing the CRR by 50bps points? T...

in Canara Bank - sankarantpr at 06-Oct-08 11:36

BSE Announcements on Canara Bank

Canara Bank has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 20, 2008,...

in Canara Bank - MMB Messenger at 06-Oct-08 11:20

More on Messageboard ยป

Rate this article

Feedback

CNBC TV18 CNN IBN CNBC Awaaz IBN 7 IBN LOKMAT

Songs Videos Games