Canara Bank, the public sector lender witnessed a fall in share price on Thursday after the bank reported a fall of 15.63% in second quarter of fiscal 2015. The bank reported a profit of Rs 5.28 billion for the quarter ended Sep. 30, 2015, compared with Rs 6.26 billion, a year ago.
The quarterly income totaled at Rs 124.77 billion, an increase of 4.72% over Rs 119.15 billion in the same period a year ago.
The bank has made provision of Rs 19.44 billion, which was higher by 19.60% from prior year period.
The bank's nett NPA was at Rs 93.82 billion for the quarter ended Sep. 30, 2015, as compared to Rs 71.70 billion in the same period last year, representing an increase of 30.85%.
In percentage term, net NPAs were at 2.90% at the end of the quarter higher than 2.31% from last year period.
The capital adequacy ratio (CAR) of the bank under Basel III was at 11.04% as on Sep. 30, 2015.
Shares of Canara Bank are trading at Rs 270.95, down Rs 3.35, or 1.22% at the Bombay Stock Exchange (BSE) on Thursday at 12:01 p.m.
The scrip has touched an intra-day high of Rs 274.15 and low of Rs 269. The total volume of shares traded at the BSE is 85,570.