New Delhi, May 11 -- Public sector lender Canara Bank on Monday, 11 May, reported a 10% year-on-year (YoY) fall in standalone profit to Rs.4,505.57 crore for the March quarter of the financial year 2026 (Q4FY26). In the same quarter last year, the PSU bank's profit was Rs.5,002.66 crore.

Sequentially, or on a quarter-on-quarter (QoQ) basis, Canara Bank's profit declined by 12.6% from Rs.5,155.11 crore in Q3FY26.

However, for the full financial year 2026, the bank's profit rose by 12.7% YoY to Rs.19,186.67 crore, up from Rs.17,026.67 crore in FY25.

Meanwhile, Canara Bank's board recommended a dividend of Rs.4.20 per equity share of face value of Rs.2 each for FY26.

(This is a developing story. Please check back for fresh updates.)

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