PSU lender Canara Bank posted an 8.4% year-on-year rise in its net profit for Q2 FY27 at Rs 5,175 crore, against Rs 4,774 crore reported in the year-ago period. On a sequential basis, its profit climbed by more than 65% as compared to Rs 4,856 crore reported in the preceding quarter. The growth was driven by a sharp contraction in NPA and interest earnings. For the July-September quarter, the lender’s net interest income was reported at Rs 11,005 crore, advancing 20.5% YoY, as compared to Rs 9,141 crore reported in the same quarter last year. On a QoQ basis, NII expanded by 7.3% against Rs 10,215 crore reported in Q1 FY27.