Mumbai, May, 8:Dena Bank, the public sector bank has reported a 62 % rise in net profit for the fourth quarter ended March 2012 at Rs 254.79 crore as compared to Rs 157 crore in the year-ago period.
Total income went up 36.39 % to Rs. 2,166.36 crore for the last quarter of 2011-12, according to the report submitted at BSE on Monday. Last year in same quarter the lender’s total income was Rs 1,588.2 crore.
For the fiscal 2011-12, the net profit rose 31 % to Rs 803.14 crore as compared to Rs 611.6 crore for the year ended March 31, 2011.
Total Income went up 37.97% to Rs 7,376.30 crore for the year ended March 31, 2012 from Rs 5,567.3 crore for the year ended March 31, 2011.
The bank has announced the dividend of Rs. 3/- Per Equity Share of Rs. 10/-each share. The board of bank has decided the 30 % dividend at the face value Rs 10 each but subject to approval of Government of India and Shareholders.