Canara Bank reported a 19% year-on-year (YoY) rise in net profit to Rs 4,773.96 crore for the quarter ended September 2025, driven by improved asset quality. Sequentially, the profit was up marginally by 0.5%.

The bank’s net interest income (NII) declined 2% YoY to Rs 9,141 crore in the reporting quarter, while other income grew 41.6% YoY. The net interest margin (NIM) moderated slightly to 2.52% in Q2, compared with 2.55% in the previous quarter. The bank has guided for NIMs in the range of 2.75%–2.80% by the end of FY26.

Analysts had pegged the net profit for the reporting quarter at Rs 4,403 crore and the net interest income at Rs 9,028 crore, as per Bloomberg estimates. Asset quality showed steady improvement, with the gross non-performing asset (NPA) ratio declining to 2.35% as on

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