| Dena Bank Q3 profit up 20% at Rs 187 cr | |
| Press Trust of India / Mumbai Feb 06, 2012, 18:58 | | | | | |
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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.
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85.10 |
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| Results Snapshot |
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| Sales | 803.14 |
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| Total Expenses | 350.06 |
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| Net Profit | 22.94 |
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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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