Public sector lender, Canara Bank has posted a 82.48% rise in its net profit in its net profit for the first quarter of FY2010-11. The net profit for Q1 amounts to Rs 1,013.37 crore.

The net profit of the bank for the same quarter in the last fiscal figured to Rs 555.33 crore.

The bank has also recorded a rise in total income by 17.15% for the first quarter amounting to Rs 5,894.85 crore, as compared to Rs 5,031.95 crore in the year-ago period.

The revenue of the bank from treasury segment rose 40.35 per cent to Rs 1,565.49 crore in this quarter.

The retail banking operations of the bank have however declined in this quarter by 11.02 per cent at Rs 1,496.20 crore, from Rs 1,681.58 crore in the year-ago period.