Dena Bank has reported a 49 per cent jump in net profit to Rs 187.28 crore in the fourth quarter ended March 31. The state-owned bank had posted a profit of Rs 125.67 crore in the January-March quarter of 2012-13. Total income increased to Rs 2,866.78 crore from Rs 2,539.74 crore. For 2013-14, the bank recorded a 32 decline in profit to Rs 551.66 crore from Rs 810.38 crore in the previous financial year. Total income in 2013-14 rose to Rs 10,895.20 crore from Rs 9,554.85 crore in 2012-l3. The bank's gross non-performing assets (NPAs), or bad loans, as a percentage of total advances, rose to 3.33 per cent from 2.19 per cent in the same quarter a year ago. Net NPAs increased to 2.35 per cent from 1.39 per cent at the end of March 2013.
Showing posts with label dena bank. Show all posts
Showing posts with label dena bank. Show all posts
Saturday, May 10, 2014
#DenaBank Q4 net profit jumps to Rs.187 crore
Dena Bank has reported a 49 per cent jump in net profit to Rs 187.28 crore in the fourth quarter ended March 31. The state-owned bank had posted a profit of Rs 125.67 crore in the January-March quarter of 2012-13. Total income increased to Rs 2,866.78 crore from Rs 2,539.74 crore. For 2013-14, the bank recorded a 32 decline in profit to Rs 551.66 crore from Rs 810.38 crore in the previous financial year. Total income in 2013-14 rose to Rs 10,895.20 crore from Rs 9,554.85 crore in 2012-l3. The bank's gross non-performing assets (NPAs), or bad loans, as a percentage of total advances, rose to 3.33 per cent from 2.19 per cent in the same quarter a year ago. Net NPAs increased to 2.35 per cent from 1.39 per cent at the end of March 2013.
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