Archive · 24 Jul 2025
Canara Bank Shares Rise, Indian Bank Reports Quarterly Results
Imagine two banks, Canara and Indian Bank, recently announced how well they did.
Canara Bank made more money than last year, causing its stock price to go up.
Indian Bank also did well with its individual results.
However, the combined results of Indian Bank showed a decrease compared to last year.
The details include how much money the banks made, and other important figures like bad loans, which show how risky the bank's loans are.
Banks also make money from different things, like interest they receive from their loans, and fees for services.
Canara Bank's shares rose 5% after reporting a 21.69% YoY increase in net profit.
Net profit reached Rs 4,752 crore in the June quarter.
Gross non-performing assets fell to 2.69% in Q1.
Indian Bank's standalone net profit grew 23.7% YoY.
Indian Bank's consolidated net profit decreased by 8% YoY.
- Who
- Canara Bank and Indian Bank.
- What
- Canara Bank's shares increased following a rise in net profit and Indian Bank reported financial results.
- When
- During the June quarter.
- Where
- N/A
- Why
- Canara Bank's profit increased which led to a share price increase; Indian Bank reported on its financial performance.
- Canara Bank Net Profit (YoY)
- Rs 4,752 crore, up 21.69%
- Canara Bank Gross NPA
- 2.69%
- Indian Bank Standalone Net Profit (YoY)
- Rs 2972.82 crore, up 23.7%
- Indian Bank Consolidated Net Profit (YoY)
- Rs 2218.51 crore, down 8%
