Canara Bank Q4 FY11 Results : Net profit jumps 78.73%

by khalid on 06/05/2011 · 0 comments

Public sector lender Canara Bank has posted a net profit for the period Q4 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, net profit rose 78.73% to Rs 899 crores in comparison to Rs 503 crores of Q4 (ending Mar 10) 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 33.47% to Rs 7350 crore in Q4 (ending Mar 2011) of the current fiscal (FY10-11) when compared with the same quarter Q4 (ending Mar 2010) of previous year (FY09-10). Total income was Rs 5507 crores in last year’s quarter Q4.

Share’s Data :-
BSE Code : 532483
Mkt. Cap : Rs 24,743.76 Crores
Canara Bank share’s CMP is Rs 558.55 on 5th May 2011.

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

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