Dena Bank reports net loss of Rs 44.32 crore in Q2

Dena Bank - (Amalgamated) | Bank - Public | BFSI | BSE: 532121 | NSE: DENABANK

07 Nov 2016 Evaluate

Dena Bank has reported results for second quarter ended September 30, 2016.

The bank has reported a net loss of Rs 44.32 crore for the quarter ended September 30, 2016 as compared to a net profit of Rs 38.76 crore for the same quarter in the previous year. However, total income of the bank increased modestly by1.46% to Rs 2914.13 crore for Q2FY17 from Rs 2872.08 crore for the corresponding quarter in previous year.

The Bank’s gross NPA for the July-September quarter of the current fiscal increased to 13.79%, as compared to 6.84% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 8.93% in Q2FY17.

Peers

Company Name	CMP
State Bank Of India	980.95
PNB	117.50
Bank Of Baroda	235.25
Canara Bank	125.20
Union Bank Of India	178.85
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