Canara Bank Q4 net profit rises 18.4%, asset quality improves; declares dividend

Canara Bank Q4 results: Canara Bank's net NPA ratio stood at 1.27 per cent as on March 31, as compared 1.32 percent in a quarter ago period.

Updated on: May 8, 2024, 14:08:24 IST

By HT News Desk

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Canara Bank Q4 results: Canara Bank reported 18.4 per cent rise in its net profit to ₹3,757.23 crore in the fourth quarter of FY2023-24. The bank noted a rise in net profit of 2.8 per cent on a sequential basis. During the same period, gross non-performing asset (NPA) ratio of the bank improved to 4.23 per cent against 4.39 per cent in a quarter ago period. It was 5.35 per cent in a year ago period.

Canara Bank Q4 net profit rises 18.4%, asset quality improves; declares dividend

Read more: Bharat Forge Q4 results: Net profit surges 59.3%, revenue gains 16%

Canara Bank's net NPA ratio stood at 1.27 per cent as on March 31, as compared 1.32 percent in a quarter ago period.

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