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Dena Bank reports net loss in Q3

01 Feb 2019 Evaluate

Dena Bank has reported results for third quarter ended December 31, 2018.

The Bank has reported a net loss of Rs 178.47 crore for the quarter under review as compared to net loss of Rs 380.07 crore for the same quarter in the previous year. Total income of the Bank decreased by 7.39% at Rs 2,292.95 crore for Q3FY19 as compared Rs 2,475.96 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 19.77%, as compared to 19.56% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 10.44% in Q3FY19.

Peers
Company Name CMP
State Bank Of India 978.50
PNB 117.05
Bank Of Baroda 234.55
Canara Bank 125.90
Union Bank Of India 179.25
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