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Dena Bank Q3 profit up 20% at Rs 187 cr
Press Trust of India / Mumbai Feb 06, 2012, 18:58
 

Public sector lender Dena Bank today reported a 20% growth in net profit at Rs 186.68 crore for the third quarter ending December 2011.

85.10 85.10 
1.2 1.3 
1.43% 1.55% 
 Results Snapshot more
 Sales803.14
 Total Expenses350.06
 Net Profit22.94
 EPS(TTM)
 Equity
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Dena Bank Q3 profit up 20% at Rs 187 cr
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The bank had a net profit of Rs 155.21 crore in the October-December quarter of 2010-11 fiscal.

The total income of the bank rose to Rs 1,810.21 crore during the third quarter from Rs 1,417 crore in the corresponding period a year ago, Dena Bank said in a filing to the BSE.

The bank made provisions of Rs 124 crore in the third quarter, an increase of 45% from Rs 85 crore in a year ago quarter.

Net interest income rose to Rs 1,676.24 crore during the December quarter, up 30% from Rs 1,289.89 crore in the year-ago eriod.

Shares of Dena Bank rose 8.57% over previous close to Rs 79.80 on the BSE.

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