Mumbai -- Canara Bank has announced its first quarter results. The Bank has gained by 3.1% to Rs. 179 after the company posted their Q1 result with gross profit at Rs 190.9 crore (Rs. 1.90mn, up 2% ) from Rs. 186.9 crore (Rs. 1.86bn), total income at Rs. 27.71bn (up 23.7%) The scrip has touched a high of Rs. 182 and a low of Rs. 176 and has recorded volumes of over 2 lakh shares on NSE.

Kotak Mahindra Bank has declared its first quarter results. The company's Q1 consolidated total profit is surged by Rs. 112.4 crore (Rs. 1.12bn) from Rs. 53.2 crore (Rs. 532mn). Bank's net interest income is soared at Rs. 210 crore (Rs. 2.10bn) from Rs. 136.9 crore (Rs. 1.36bn). Its NIM is at 5.3% versus 5.1%.

Union Bank of India has also announced its first quarter results. The company reported gross profit of Rs. 166 crore (Rs. 1.66bn) as compared to Rs. 240.4 crore (Rs. 2.40bn).

Godrej Consumer products has declared its first quarter results. It has tumbled by 3.3% to Rs. 430. The company's Q1 gross profit is at Rs. 34.1 crore (Rs. 341mn). Its revenue is at Rs. 238 crore (Rs. 2.38bn). The company is to pay Rs. 3 a share as mid-year dividend The scrip has touched a high of Rs. 454 and a low of Rs. 422.

Bharat Heavy Electricals Ltd., BHEL has surged by 4.1% to Rs. 1828 after the company pockets an order from Ethiopia worth Rs. 460mn The scrip has touched a high of Rs. 1850 and a low of Rs. 1800 and has recorded volumes of over 2 lakh shares on NSE.