MoneyWorks4Me

Dena Bank reports 70% fall in Q4 net profit

15 May 2015 Evaluate

Dena Bank has reported result for the fourth quarter and year ended March 31, 2015.

The bank has posted a fall of 70.19% in its net profit at Rs 55.82 crore for the quarter ended March 31, 2015 as compared to Rs 187.28 crore for the same quarter in the previous year. However, total income of the bank has increased marginally by 1.43% at Rs 2907.70 crore for quarter under review as compared to Rs 2866.78 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the bank has posted a rise of 51.88% in its net profit at Rs 265.48 crore as compared to Rs 551.66 crore for the same period in the previous year. However, total income of the bank has increased by 5.41% at Rs 11484.82 crore for year under review as compared to Rs 10895.20 crore for the period ended March 31, 2014.

Peers
Company Name CMP
State Bank Of India 980.30
PNB 117.60
Bank Of Baroda 234.55
Canara Bank 125.85
Union Bank Of India 179.50
View more..