Dena Bank reported a steady growth in its standalone net profit for the quarter ended September 2008. During the quarter, the profit of the bank rose 11.59% to Rs 1,028.30 million from Rs 921.50 million in the same quarter, previous year.
Interest income for the quarter rose 25.83% to Rs 8,286.30 million, while total income for the quarter rose 19.54% to Rs 9,138.40 million, when compared with the prior year period.
The bank reported earnings of Rs 3.59 a share during the quarter, registering 11.84% growth over prior year period.
|
Quarterly Results - Standalone (Rs in mn) |
|
As at |
Sep - 08 |
Sep - 07 |
%Change |
|
Interest Earned |
8,286.30 |
6,585.30 |
25.83 |
|
Net Profit |
1,028.30 |
921.50 |
11.59 |
|
Basic EPS |
3.59 |
3.21 |
11.84 |
Shares of the bank declined Rs 2.75, or 8.33%, to settle at Rs 30. The total volume of shares traded was 432,155 at the BSE (Friday).
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