Canara Bank Q3 FY11 Results : Net profit rises 5.05%

by khalid on 31/01/2011 · 0 comments

Public sector lender Canara Bank has posted a net profit for the period Q3 (ending Dec 10) of the current fiscal (FY10-11). During the said quarter, net profit rose 20.16% to Rs 1105.73 crores in comparison to Rs 1052.58 crores of Q3 (ending Dec 09) of previous year (FY09-10). Bangaluru based Canara Bank is a leading bank of the country. The Bank has 3057 branches in India spread over all states/ union territories. In terms of business it is one of the largest nationalized commercial banks in India after ICICI Bank, State Bank of India and Punjab National Bank.

The bank has informed the share market (BSE/NSE) that the total income rose 17.84% to Rs 6444.55 crore in Q3 (ending Dec 2010) of the current fiscal (FY10-11) when compared with the same quarter Q3 (ending Dec 2009) of previous year (FY09-10). Total income was Rs 5469.10 crores in last year’s quarter Q3.

Share’s Data :-
BSE Code : 532483
Mkt. Cap : Rs 24,686.10 Crores
Canara Bank share’s CMP is Rs 602.10 on 31st Jan 2011.

Stay tuned to BelltheBull Blog for more news on Canara Bank !

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