Dena Bank reports net profit of Rs 35.31 crore in Q3FY17

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

10 Feb 2017 Evaluate

Dena Bank has reported results for third quarter ended December 31, 2016.

The Bank has reported a net profit of Rs 35.31 crore for the quarter as compared to net loss of Rs 662.85 crore for the same quarter in the previous year. Total income of the Bank increased by 10.19% at Rs 2999.51 crore for quarter under review as compared to Rs 2722.23 crore for the quarter ended December 31, 2015.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 14.79%, as compared to 9.85% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 9.52% in Q3FY17.

Peers

Company Name	CMP
State Bank Of India	981.20
PNB	117.50
Bank Of Baroda	235.30
Canara Bank	125.20
Union Bank Of India	178.85
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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