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’s Q4FY26 consolidated net profit fell 10% year-on-year to Rs 4,506 crore, even as net interest income rose 4% to Rs 9,808 crore. Sequentially, profit dropped 13% from the previous quarter. The market reacted sharply: the PSU lender’s shares slid about 7% after results, hitting an intraday low of Rs 130.50 on NSE.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Bank of Baroda reported Q4 consolidated profit up 11.2% year on year to Rs 5,616 crore, powered by higher net interest income, solid loan growth, and better asset quality. Deposits and advances grew at double-digit rates. But non-interest income declined and the capital adequacy ratio weakened during the quarter.
PNB reported a 14% year-on-year jump in consolidated net profit to Rs 5,225 crore, driven by improved performance at the bank. However, net interest income (NII) fell 3.5% to Rs 10,380 crore from Rs 10,757 crore a year ago, signaling margin pressure even as bottom-line gains continue.
Indian Bank posted standalone net profit of Rs 3,103 crore for the March-ended quarter, up 5% year-on-year. The bigger story was net interest income, which jumped 11% to Rs 7,110 crore, signaling stronger core banking performance. The bank also declared a Rs 18.25 per share dividend.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
