Dena Bank has reported results for first quarter ended June 30, 2017.
The Bank has reported a net loss of Rs 132.65 crore for the quarter under review as compared to a net loss of Rs 279.35 crore for the same quarter in the previous year. Total income of the Bank decreased by 9.87% at Rs 2620.28 crore for Q1FY18 as compared Rs 2907.35 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 17.37%, as compared to 11.88% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 11.22% in Q1FY18.
