Canara Bank today posted a net profit of Rs 725.85 crore for the first quarter ended June, 2011, slipped 28.37% from Rs. 1,013.37 crore in the same quarter the previous year.
Net Interest Income (NII) for the quarter was posted at Rs 793 crore. Net Non Performing Assets (NPAs) for the quarter registered growth of 1.34% from 1% in the June quarter last year.
The shares of the bank tanked 3.16% at Rs 497.15 per share on the Bombay Stock Exchange.
