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Dena Bank reports net loss of Rs 44.32 crore in Q2

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.

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Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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