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Dena Bank reports net loss of Rs 575.26 crore in Q4

Dena Bank has reported results for the fourth quarter and year ended March 31, 2017.

The Bank has posted a net loss of Rs 575.26 crore for the quarter ended March 31, 2017 as compared to a net loss of Rs 326.38 crore for the same quarter in the previous year. Total income of the Bank decreased by 8.46% at Rs 2612.08 crore for quarter under review as compared to Rs 2853.35 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the Bank has posted a net loss of Rs 863.63 crore as compared to a net loss of Rs 935.32 crore for the same period in the previous year. However, total income of Bank increased marginally by 0.62% at Rs 11433.07 crore for year under review as compared to Rs 11362.53 crore for the period ended March 31, 2016.

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