Net income excluding one-off items rose to C$2.29 billion, or C$3.44, in the three months ended July 31, compared with C$1.26 billion, or C$1.85, a year earlier. Analysts had expected C$2.94 a share, according to IBES data from Refinitiv.

(Reporting by Noor Zainab Hussain in Bengaluru and Nichola Saminather in Toronto; Editing by Shailesh Kuber)