India's public sector bank, Canara Bank has said that its net profit has risen by 6.80 per cent to Rs 7.75 billion during the first quarter of the financial year compared to Rs 7.25 billion recorded in the same quarter of the previous year.

The total income of the company increased 18.91 per cent to Rs 91.65 billion for the quarter till June 30, 2012 compared to Rs 77.07 billion in the same quarter of financial year 2011-12. Interest earned increased 18.39 per cent during the quarter was at Rs 84.72 billion as against Rs 71.56 billion.

Gross NPA of Canara Bank rose to 1.98 per cent as compared to 1.73 per cent earlier. The Net NPA of the bank stood at Rs 37.55 billion for the quarter compared to Rs 28.53 billion for the quarter ended June 30, 2011, registering an increase of 31.61 per cent.

Canara Banks' Capital Adequacy Ratio (CAR) was recorded at 13.22 per cent as on June 30, 2012 as against to 13.37 per cent recorded as on June 30, 2011.

Shares of the bank fell 1.94 per cent to trade at Rs 381.30 on the Bombay Stock Exchange (BSE).