Canara Bank Q2 results: Profit rises 8% to ₹5,175 cr, revenue at ₹40,931 cr
Canara Bank moved higher in a quarterly results development.
· BS Companies, NDTV Profit, ET Stocks, Economic Times Markets
State-owned Canara Bank on Wednesday reported an 8 per cent increase in net profit at Rs 5,175 crore for the September quarter of this fiscal. During the same quarter of the previous financial year, the bank had earned a net profit of Rs 4,774 crore in the year-ago period.
The analysis
Canara Bank reported ₹5,175 cr, ₹40,931 cr and Rs 5,175 crore, with movement of 8%, 20% and 1.33% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.9% on the day at ₹117.54, and has returned -5.4% over three months. It sits 26% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -6.0% over the same period, so Canara Bank is running 0.6 points ahead of its peers.
For Canara Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Canara Bank (CANBK), in Banks.
- Over three months: Canara Bank -5.4% against Banks -6.0% (0.6 points ahead).
- At least 25% below the 52-week high: Canara Bank (26%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Canara BankCANBK · Banks | ₹117.54 | -1.9% | -1.6% | -5.4% | -26.0% | 0.8× | — |
Banks
1M -3.4% · 3M -6.0%
Canara Bank
Financial Services
1M -8.8% · 3M -14.9%
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Adani Ports Q2 Results: Net profit jumps 17% YoY to Rs 3,622 crore; revenue up 24%
LIC Housing Fin Q2 net profit grows 12% YoY
Muthoot Finance Q2 Results: Profit Rises 27% To Rs 2,977 Crore, Revises Gold Loan Growth Guidance For FY27
Bank of Baroda Q2 Results: Standalone profit jumps 36% YoY to Rs 6,532 crore; NII up 9
Record earnings! 5 big takeaways from RIL Q2 results investors should watch for Monday trading