BackCanara Bank Q3 net up 53% to Rs701 cr
Canara Bank Q3 net up 53% to Rs701 cr
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Mumbai: Public sector lender Canara Bank on Friday said it has reported a 52.89% growth in net profit to Rs701.50 crore in the third quarter ended 31 December, 2008.
The bank had a net profit of Rs458.83 in the December quarter of FY’08, Canara Bank said in a filing to the Bombay Stock Exchange.
The total income rose to Rs5,382.90 crore in the quarter under review, from Rs4,096.60 crore in the corresponding period a year ago.
For the nine months to December-end, Canara Bank registered a 22.94% increase in net profit to Rs1,353.61 crore. The total income jumped 16.94% to Rs13,929.92 crore in the said period.
Canara Bank was trading at Rs189.50, down 7.18% on the BSE.
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