Canara Bank Q2 net drops 23%

Canara Bank has recorded a 22.75% decline in net profit at Rs 306.51 crore for the second quarter ended September 30, 2005 as against Rs 396.79 crore in the quarter ended September 30, 2004.

According to a release issued by Canara Bank to the BSE today, total income increased 13.05% to Rs 2,494.11 crore in Q2FY06 from
Rs 2,206.12 crore in Q2FY05.