Canara Bank, the public sector lender, reported a rise of 0.16% in second quarter profit. The bank reported a profit of Rs 6.26 billion for the quarter ended Sept. 30, 2014, compared with Rs 6.25 billion, a year ago. 
 
Quarterly income totaled at Rs 119.15 billion, an increase of 14.27% over Rs 104.27 billion in the same period a year ago.

The bank has made provision of Rs 8.13 billion, which was higher by 20.62% from prior year period.

Net NPA was at 71.70 billion for the quarter ended Sept. 30, 2014, as compared to Rs 64.59 billion in the same period last year, representing an increase of 11.01%.

In percentage term, net NPAs were at 2.31% at the end of the quarter higher than 2.30% from last year period.
 
Capital adequacy ratio (CAR) of the bank under Basel III was at 10.19% as on Sept. 30, 2014.

Shares of the bank gained Rs 1.9, or 0.46%, to settle at Rs 410.65. The total volume of shares traded was 141,540 at the BSE (Wednesday).