Dena Bank Q4 FY11 Results : Net profit up at Rs 157 crore

by khalid on 07/05/2011 · 0 comments

Public sector lender Dena Bank has posted a net profit for the period Q4 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, net profit rose to Rs 157 crores in comparison to Rs 137 crores of Q4 (ending Mar 10) 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 to Rs 471 crore in Q4 (ending Mar 2011) of the current fiscal (FY10-11) when compared with the same quarter Q4 (ending Mar 2010) of previous year (FY09-10). Total income was Rs 326 crores in last year’s quarter Q4.

Share’s Data :-
BSE Code : 532121
Mkt. Cap : Rs 3,273.99 Crores
Dena Bank share’s CMP is Rs 98.20 on 5th May 2011.

Stay tuned to BelltheBull Blog for more news on Dena Bank !

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