Canara Bank Q2 FY27 Net Profit Rises to Rs. 5,174.76 Crore
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 14 Oct 2026, 12:08 PM IST · BSE ID: e7aefb8b-96e9-428f-8165-8d39e5222e30
View Original BSE Filing (PDF)
💡
In Simple Terms
Canara Bank reported its Q2 financial results, showing an increase in profit and improved asset quality.
🤖 AI Summary
- Canara Bank's Board approved unaudited Q2 and H1 FY27 standalone and consolidated financial results.
- Net Profit for the second quarter ended September 30, 2026, increased to Rs. 5,174.76 Crore.
- Interest Earned for Q2 FY27 was Rs. 35,159.39 Crore, up from Rs. 31,543.89 Crore YoY.
- Gross Non Performing Assets stood at 1.33% and Net Non Performing Assets at 0.30% as of September 30, 2026.
- Capital Adequacy Ratio (Basel III) improved to 17.19% as of September 30, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit after tax (Q2 FY27)
5,174.76 Crore
8.39%
Interest Earned (Q2 FY27)
35,159.39 Crore
11.46%
Total Income (Q2 FY27)
40,931.19 Crore
6.05%
Gross Non Performing Assets (%) (Sept 30, 2026)
1.33%
-43.39%
Net Non Performing Assets (%) (Sept 30, 2026)
0.30%
-44.44%
Capital Adequacy Ratio - Basel III (Sept 30, 2026)
17.19%
6.11%
🏢 How This Affects the Company
The increase in Interest Earned to Rs. 35,159.39 Crore reflects growth in core banking operations, particularly from advances and investments. Retail Banking Operations revenue grew to Rs. 20,618.33 Crore, showing continued expansion in this segment.
Net Profit for Q2 FY27 reached Rs. 5,174.76 Crore, indicating improved profitability. Gross and Net Non Performing Assets ratios decreased to 1.33% and 0.30% respectively, suggesting better asset quality and reduced credit risk.
The decline in Other Operating Expenses to Rs. 3,210.09 Crore for Q2 FY27 from Rs. 3,215.09 Crore in Q1 FY27 reflects some cost management. Employee Cost decreased quarter-on-quarter from Rs. 5,091.54 Crore to Rs. 4,808.33 Crore.
Reduced Gross NPA and Net NPA percentages indicate a lower risk of defaults and improved loan book health. The increase in Capital Adequacy Ratio to 17.19% strengthens the bank's resilience against financial shocks.
👥 What This Means For Shareholders
✅
Action Required
No action required based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the improved profitability and asset quality indicators, which reflect the bank's financial health.
🔍
Management Signal
The focus on improving asset quality, as evidenced by reduced NPA ratios, and maintaining strong capital adequacy is clear.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — review Net Profit and asset quality trends.
Any updates on credit growth in Retail and Wholesale Banking segments.
Disclosure on dividend declaration by the Board for FY27.
LOW RISK
Improved asset quality and robust capital adequacy indicate reduced financial and operational risks.
💡 Investor Takeaway
Canara Bank reported a Net Profit of Rs. 5,174.76 Crore for Q2 FY27, an 8.39% increase from Rs. 4,773.96 Crore in Q2 FY26. Gross NPA stood at 1.33% and Net NPA at 0.30%. Interest Earned grew to Rs. 35,159.39 Crore.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit after tax for Q2 FY27 increased to Rs. 5,174.76 Crore from Rs. 4,773.96 Crore in Q2 FY26, a 8.39% YoY growth.
- Gross Non Performing Assets reduced to 1.33% (Rs. 18,298.95 Crore) and Net Non Performing Assets to 0.30% (Rs. 4,053.19 Crore) as of September 30, 2026.
⚠️ Concerns
- Other Income for Q2 FY27 decreased to Rs. 5,771.80 Crore from Rs. 7,053.84 Crore in Q2 FY26, a 18.17% YoY decline.
- Treasury Operations Segment Revenue decreased to Rs. 7,319.39 Crore in Q2 FY27 from Rs. 8,592.43 Crore in Q2 FY26, a 14.79% YoY reduction.
📅 Company Track Record
Canara Bank's Q1 FY27 Global Business was reported at ₹ 29,05,066 Cr with Net Profit at ₹ 4,856 Cr. For FY26, Net Profit rose to Rs. 19,186.67 Crore, with a recommended dividend of Rs. 4.20 per share.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Canara Bank's Net Profit in Q2 FY27?
Canara Bank reported a Net Profit of Rs. 5,174.76 Crore for the second quarter ended September 30, 2026.
What was Canara Bank's Interest Earned in Q2 FY27?
Canara Bank's Interest Earned for Q2 FY27 was Rs. 35,159.39 Crore, up from Rs. 31,543.89 Crore in Q2 FY26.
What were Canara Bank's Gross and Net NPA percentages in Q2 FY27?
As of September 30, 2026, Canara Bank's Percentage of Gross Non Performing Assets was 1.33% and Percentage of Net Non Performing Assets was 0.30%.
What is Canara Bank's Capital Adequacy Ratio as of September 30, 2026?
Canara Bank's Capital Adequacy Ratio (Basel III) stood at 17.19% as of September 30, 2026.
How did Canara Bank's Other Income perform in Q2 FY27?
Canara Bank's Other Income for Q2 FY27 was Rs. 5,771.80 Crore, a decrease from Rs. 7,053.84 Crore in the same period last year.
Questions based on this BSE filing only. For information purposes.