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Quarterly Results

CANBK · Canara Bank · BSE · Filed 27 Jul · 1 min read

Canara Bank Q1 FY27 Net Profit ₹4,856 Crore; Gross NPA Falls to 1.57%

The lender's June-quarter presentation shows profit up 2.19% year-on-year, with asset quality improving and most metrics running ahead of its own March 2027 guidance.

What was filed

Canara Bank released its investor presentation on unaudited (reviewed) standalone and consolidated results for the quarter ended 30 June 2026, filed to BSE and NSE under Regulation 30 of the SEBI (LODR) Regulations. Beyond headline profit and income, the deck covers business growth, asset quality, capital, shareholding and a comparison of actuals against the bank's guidance for March 2027.

Growth alongside cleaner books

The quarter pairs balance-sheet expansion with continued improvement in asset quality. Global business, deposits and advances all grew in double digits year-on-year, with advances leading. Within lending, the bank reports its RAM (retail, agriculture and MSME) segments rising to 59% of domestic advances.

Both gross and net NPA ratios stepped down from a year earlier while provision coverage moved higher, per the filing. Slippage and credit-cost figures also eased over the year.

Running ahead of stated guidance

A notable feature of the deck is the bank's own scorecard: guidance targets for 31 March 2027 set against actuals as on 30 June 2026. On several measures — global business, advances and deposit growth, return on equity, EPS and credit cost — the June actuals sit above or better than the guided range. Gross NPA is marginally above the bank's guidance figure, while net NPA and PCR are already at or beyond target. The bank notes in its disclaimer that these are forward-looking statements subject to risk and uncertainty.

Net profit (Q1 FY26)
₹4,752 → ₹4,856 crQ1 FY26 → Q1 FY27+2%
Net interest income (Q1 FY26)
₹9,009 → ₹10,215 crQ1 FY26 → Q1 FY27+13%
Total income (Q1 FY26)
₹38,063 → ₹39,684 crQ1 FY26 → Q1 FY27+4%
Operating profit (Q1 FY26)
₹8,554 → ₹8,636 crQ1 FY26 → Q1 FY27+1%
Gross NPA (Jun'25)
2.69% → 1.57%Q1 FY26 → Q1 FY27−42%
Net NPA (Jun'25)
0.63% → 0.36%Q1 FY26 → Q1 FY27
Net margin
12.5% → 12.2%Q1 FY26 → Q1 FY27held ~12%
Provision Coverage Ratio (Jun'26)
94.76%
Global gross business (Jun'26)
₹29,05,066 crore
Global deposits (Jun'26)
₹16,11,685 crore
Global gross advances (Jun'26)
₹12,93,381 crore
CRAR (Jun'26)
17.17%
CET-1 (Jun'26)
12.91%
EPS (annualised, Jun'26)
₹21.47
Return on Equity (Jun'26)
18.31%

‡ Computed by us from the filing’s own figures — not a company-stated number.

For a holder, the presentation gives a full quarterly read on Canara Bank's earnings, asset quality and capital, plus the bank's own actuals-versus-guidance table showing how the June quarter tracks against its March 2027 targets. The figures are unaudited (reviewed) and the bank cautions its guidance is forward-looking and subject to risk.

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