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Canara Bank Q3 profit after tax seen down at Rs 916 cr

Canara Bank is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go down by 13% at Rs 916 crore as against Rs 1,052.5 crore in December quarter 2009.

January 31, 2011 / 10:39 IST

Canara Bank is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax is expected to go down by 13% at Rs 916 crore as against Rs 1,052.5 crore in December quarter 2009.

Net interest income is seen going up by 39% to Rs 2,055 crore from Rs 1,477.7 crore (YoY).

Expectations

*Higher loan loss provisions will results in subdued PAT.

first published: Jan 31, 2011 10:38 am

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