Canara Bank has announced its financial results for the quarter ended June 30, 2025, demonstrating positive year-over-year growth. The public sector lender reported a standalone net profit of ₹4,752.03 Crores, a significant 21.68% increase from the ₹3,905.28 Crores earned in the corresponding quarter of the previous year (Q1 FY25). On a sequential basis, the net profit saw a slight dip of 5.01% from ₹5,002.66 Crores in Q4 FY25. The bank’s total income for the quarter rose to ₹38,063.31 Crores, up 1.90% from the preceding quarter and 11.88% from the same quarter last year. The bank’s asset quality continued to improve, with the Provision Coverage Ratio standing at 93.17%.

Canara Bank is a major public sector bank in India, with the Government of India holding a 62.93% stake. The bank’s operations are segmented into Treasury, Retail Banking, and Wholesale Banking. As of June 30, 2025, the bank has a vast network of 9,861 branches. A key highlight from the results is the marked improvement in asset quality; Gross Non-Performing Assets (NPA) ratio fell to 2.69% from 4.14% a year ago, and the Net NPA ratio decreased to 0.63% from 1.24% in the same period last year. The bank’s global business crossed ₹25.63 lakh crore, marking a 10.98% year-over-year increase. Following the results, the bank’s shares saw a positive reaction in the market.