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Dena Bank Q2 net profit rises 29% to Rs 161 cr

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Press Trust of India Mumbai

Public sector lender Dena Bank today posted a 29 per cent rise in net profit to Rs 160.6 crore for the second quarter ended September 30.

It had a net profit of Rs 124.6 crore in the same quarter of the last fiscal, Dena Bank said in a filing on the Bombay Stock Exchange.

The total income of the bank increased 23 per cent in Q2 FY'11 to Rs 1,340.3 crore, as against Rs 1,088.1 crore in the year-ago period.
     
The bank earned an interest of Rs 1,221.4 crore during the quarter, compared to Rs 962.7 crore during the same period last fiscal.
     
During the first half of the current fiscal, ending September 30, the bank clocked a 25 per cent jump in net profit to Rs 299.4 crore, compared to Rs 239.6 crore in the same period last fiscal.
     
Total income during the first six months of 2010-11 was Rs 2,562.1 crore, compared to Rs 2,211.8 in the same period a year ago.

 

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First Published: Oct 26 2010 | 12:26 PM IST

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