Dena Bank Q4 profit soars 62 pc at Rs 255 cr

NEW DELHI, May 8: Public sector lender Dena Bank today posted 62 per cent jump in net profit at Rs 254.79 crore for the fourth quarter (Q4) ended March, 2012.
The bank had a net profit of Rs 157 crore during the January-March quarter in the previous financial year.
Total income of the bank in Q4 rose to Rs 2,166.36 crore, compared to Rs 1,588.2 crore in the same quarter a year ago, Dena Bank said in a filing on the BSE.
The bank has proposed a dividend of 30 per cent, or Rs 3 per share, on the face value of Rs 10 per share for 2011-12, it said.
For the full financial year ended March, 2012, Dena Bank reported a net profit of Rs 803.14 crore, up 31 per cent, as compared to Rs 611.6 crore of previous fiscal.
Total income of the lender rose to Rs 7,376.30 crore in the financial year 2011-12 from Rs 5,567.3 crore in the last fiscal. (PTI)