Shares of Canara Bank fell as much as 6.5% to the day’s low of Rs 117 on the BSE on Thursday. The decline came even as the lender reported a standalone net profit of nearly Rs 5,175 crore for the second quarter of FY27, up more than 8% from Rs 4,774 crore in the year-ago period.
Net interest income (NII), the difference between interest earned and interest expended, rose more than 20% year-on-year to Rs 11,005 crore in Q2 FY27, compared with Rs 9,141 crore in the corresponding quarter last year.
