Canara Bank Financial Results Q4 2025 Released, Net Profit Rs.5002.66 Crore

May 8, 2025

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Canara Bank Financial Results Q4 2025 Released, Net Profit Rs.5002.66 Crore

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Canara Bank announced its financial results for the fourth quarter of the financial year 2024–25 on Thursday, May 8, showing a strong performance with a 33.15% increase in net profit compared to the same period last year.

Key Highlights:

Net Profit: The bank earned a standalone net profit of ₹5,002.66 crore in the January–March quarter (Q4FY25), up from ₹3,757.23 crore in Q4FY24.
Interest Income: Total interest income rose by 7.62% to ₹31,002.04 crore, compared to ₹28,807.35 crore last year.
Operating Profit: Grew by 12.14% year-on-year, reaching ₹8,284 crore in Q4FY25, compared to ₹7,387 crore in Q4FY24.

Profitability Metrics:

Net Interest Income (NII): This key profitability measure slightly declined by 1.44% to ₹9,442 crore, down from ₹9,580 crore.
Net Interest Margin (NIM): Also dropped to 2.80%, compared to 3.05% a year ago. This indicates the bank earned slightly less profit on its lending compared to last year.

Expenses and Provisions:

Cost-to-Income Ratio: Improved to 47.55%, down from 50.08% a year ago. A lower ratio means better efficiency in managing expenses.
Provisions: The bank set aside ₹3,280 crore in provisions during the quarter, which is 9.64% lower than the ₹3,630 crore it provided in the same quarter last year.
Provision Coverage Ratio (PCR): Increased to 92.70%, showing the bank is better prepared to handle potential loan defaults.

Asset Quality:

Canara Bank made notable improvements in reducing its bad loans:

Gross Non-Performing Assets (NPA): Dropped to 2.94%, down from 4.23% a year ago.
Net NPA: Improved to 0.70%, compared to 1.27% last year.

Business Growth:

Global Advances (Loans Given): Increased by 11.74% to ₹10,73,332 crore.
Global Deposits (Customer Deposits): Rose by 11.01% to ₹14,56,883 crore.

Dividend Announcement:

Canara Bank’s board has recommended a 200% dividend for the financial year 2024–25. This means shareholders may receive ₹4 per share (on a face value of ₹2), subject to approval at the upcoming shareholder meeting.