Dena Bank FY07 net spurts 175% to Rs 202cr

Dena Bank has posted a 175% jump in net profit at Rs 201.56 crore for the year ended March 31, 2007 (FY07) when compared with Rs 72.99 crore for the year ended March 31, 2006 (FY06).

According to an official release issued by the company to the BSE today, total income has increased to Rs 2510.04 crore for FY07 from Rs 2199.17 crore for FY06.

For the quarter ended March 31, 2007 (Q4FY07), the bank has posted a net profit of Rs 43.80 crore when compared with Rs 130.47 crore for the quarter ended March 31, 2006 (Q4FY06). Total income has increased to Rs 684.24 million from Rs 579.88 crore  for Q4FY06.