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Dena Bank reports 13% rise in Q3 net profit

06 Feb 2015 Evaluate

Dena Bank has reported results for third quarter ended December 31, 2014.

The bank has registered a rise of 12.92% in its net profit at Rs 76.56 crore for the quarter under review as compared to Rs 67.8 crore for the same quarter in the previous year. Total income of the bank has increased 7.68% at Rs 2867.32 crore for Q3FY15 as compared Rs 2662.8 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) increased to 5.61% in the October- December quarter as against 2.96% in the same quarter previous year, while net NPAs stood at 3.97%.

Peers
Company Name CMP
State Bank Of India 969.55
PNB 120.35
Bank Of Baroda 243.50
Canara Bank 117.60
Union Bank Of India 183.00
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