The bank had reported a net profit of Rs 357 crore in the year-ago period.
Total income during July-September quarter stood at Rs 11,994.64 crore, down from Rs 12,187.12 crore in the same quarter a year ago, Canara Bank said in a BSE filing.
The bank's Gross Non-Performing Assets (GNPA), as a percentage of advances, increased to 10.51 per cent from 9.81 per cent on annual basis.
The net NPA too rose to 7.02 per cent from 6.69 per cent.
Net profit for the first half of the fiscal declined to Rs 511.78 crore from Rs 585.86 crore in the year-ago period.
Its stock settled at Rs 403.75, down 4.64 per cent on BSE.
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