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Sparsh Jindal

27th Jul · SEBI-Registered Analyst

Canara Bank Q1 FY27: Profit Up 2%, NII Rises 13.4%

Canara Bank reported a steady Q1 FY27 performance with net profit rising 2.2% YoY to ₹4,856 crore, while net interest income (NII) grew a strong 13.4% to ₹10,215 crore. Net interest margin (NIM) remained stable at 2.52%, reflecting resilient core banking performance despite margin pressures. $CANBK

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