Canara Bank, one of India’s top public sector banks, has announced a strong set of financial results for the second quarter of FY26, showing robust profitability and better asset quality.
Canara Bank’s net profit rose 18.9% year-on-year to ₹4,774 crore, up from ₹4,015 crore in the same quarter last year. This rise in profit highlights the bank’s efficient operations and steady business growth.
| Metric | Q2FY26 | YoY Change |
| Net Profit | ₹4,774 crore | +18.9% |
| Total Income | ₹31,543 crore | +11.2% |
| Gross NPA (GNPA) | 2.35% | Improved from 2.69% |
| Net NPA (NNPA) | 0.54% | Improved from 0.63% |
| Fresh Slippages | ₹20.30 billion | ↓ ₹1.00 billion QoQ |
The bank showed notable improvement in its asset quality metrics. The Gross Non-Performing Assets (GNPA) ratio declined to 2.35%, while the Net NPA (NNPA) ratio improved to 0.54%. Both indicate strong credit control and recovery performance.
Fresh slippages (new loans turning into NPAs) fell to ₹20.30 billion from ₹21.30 billion in the previous quarter, showing better risk management and borrower discipline.
Canara Bank reduced its provisions for NPAs to ₹1,503 crore in Q2FY26 from ₹1,845 crore in the prior quarter, reflecting confidence in its loan book and asset quality.
The bank’s operating profit before provisions stood at ₹8,588 crore, slightly higher than ₹8,554 crore in Q1FY26, demonstrating consistent operational efficiency.
| Period | Return |
| 1 Day | +3.21% |
| 5 Days | +5.19% |
| 1 Month | +7.34% |
| 6 Months | +36.26% |
| 1 Year | +28.47% |
| 5 Years | +670.24% |
Note: This data is as of October 30, 2025, 2:15 PM.
Canara Bank’s Q2FY26 results underline its strong financial position, better credit quality, and focus on efficiency. With declining NPAs, higher profits, and stable operational growth, the bank is well-positioned for future expansion as the economy strengthens further.
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Published on: Oct 30, 2025, 2:17 PM IST
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