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Dena Bank widens net loss to Rs 1,225.42 crore in Q4

12 May 2018 Evaluate

Dena Bank has reported results for the fourth quarter and year ended March 31, 2018. 

The bank has reported a net loss of Rs 1,225.42 crore for the quarter ended March 31, 2018 as compared a net loss of Rs 575.26 crore for the same quarter in the previous year. Total income of the bank decreased by 8.48% at Rs 2,390.68 crore for quarter under review as compared to Rs 2,612.08 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the bank has posted a net loss at Rs 1,923.15 crore as compared to net loss of Rs 863.63 crore for the previous year. Total income of bank decreased by 11.70% at Rs 10,095.75 crore for year under review as compared to Rs 11,433.07 crore for the year ended March 31, 2017.

Peers
Company Name CMP
SBI 1067.50
PNB 113.50
Canara Bank 141.05
Bank Of Baroda 279.20
Union Bank Of India 188.45
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