Download the app
← Latest news

Canara Bank shares jump after Q4 even as profit falls sharply year on year

Business
Published on 12 May 2026
Canara Bank shares jump after Q4 even as profit falls sharply year on year

Net interest income rose while profit shrank

Canara Bank shares rose more than 2% after its Q4FY26 results. Consolidated net profit fell to Rs 4,506 crore, down 10% year-on-year and 13% sequentially. The optimism came from net interest income increasing 4% to Rs 9,808 crore, offsetting the profit decline and prompting analyst commentary.

  • Canara Bank shares gained over 2% after Q4FY26 results
  • Consolidated net profit declined 10% YoY and 13% QoQ
  • Net interest income grew 4% YoY to Rs 9,808 crore
  • Investors focused on income strength despite weaker profit
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.