Canara Bank Q1 Net Profit seen up 72.7% YoY to Rs. 701.5 cr: Emkay Research

RB Governor Shaktikanta Das had recently said banks need to beef up their capital base to guard against the COVID impact. A lot of banks have made their plans public to raise capital.

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Emkay Research has come out with its first quarter (April-June’ 21) earnings estimates for the BFSI sector. The brokerage house expects Canara Bank to report net profit at Rs. 701.5 crore up 72.7% year-on-year (down 30.6% quarter-on-quarter).

Net Interest Income (NII) is expected to decrease by 7.7 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 5,624.3 crore, according to Emkay Research.

Pre Provision Profit (PPP) is likely to fall by 15.4% Y-o-Y (down 36.4 percent Q-o-Q) to Rs. 3,624.8 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More