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Dena Bank‘s Q4FY13 net profit declines by 50.68%

13 May 2013 Evaluate

Dena Bank has reported results for the quarter and year ended March 31, 2013.

The bank’s net profit for the Q4FY13 declined by 50.68% at Rs 125.67 crore as compared to Rs 254.79 crore for the Q4FY12. However, its total income has increased by 17.23% to Rs 2539.74 crore for the quarter from Rs 2166.36 crore for the corresponding quarter of the previous year.

For the year ended March 31, 2013, the bank’s net profit rose by 0.90% at Rs 810.38 crore as compared to Rs 803.14 crore for the year ended March 31, 2012. Its total income has increased by 29.53% to Rs 9554.85 crore for the year under the review from Rs 7376.30 crore for the previous year.

Peers
Company Name CMP
State Bank Of India 986.05
PNB 117.70
Bank Of Baroda 234.55
Canara Bank 124.70
Union Bank Of India 178.05
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