Public sector lender Dena Bank has posted a net profit for the period Q3 (ending Dec 10) of the current fiscal (FY10-11). During the said quarter, net profit rose 15.38% to Rs 155.21 crores in comparison to Rs 134.52 crores of Q3 (ending Dec 09) of previous year (FY09-10). Mumbai based Dena Bank has a network of 1122 branches spread across the country. The bank has a network of 295 ATMs all across India. Dena bank introduced core banking on March 2007 at its Mahim branch in Mumbai. In all, 850 branches out of the 1122 branches including extension counters of the Bank are schedule for coverage.
The bank has informed the share market (BSE/NSE) that the total income rose 23.32% to Rs 1,416.95 crore in Q3 (ending Dec 2010) of the current fiscal (FY10-11) when compared with the same quarter Q3 (ending Dec 2009) of previous year (FY09-10). Total income was Rs 1,149.04 crores in last year’s quarter Q3.
Share’s Data :-
BSE Code : 532121
Mkt. Cap : Rs 2,962.64 Crores
Dena Bank share’s CMP is Rs 103.30 on 27th Jan 2011.
Stay tuned to BelltheBull Blog for more news on Dena Bank !Google+