Dena Bank Q4 net up 15% to Rs 157 cr

Dena Bank posted a net profit of Rs 157 crore , up 14.59% from 137 crore in the corresponding quarter a year ago.

The Net Interest Income for the quarter was posted at Rs 471 crore as compared to Rs 326 crore.

The profit for FY11 was posted at Rs 611.6 crore, up 19.64 from Rs 511.2 crore last fiscal.

The bank has also recommended a dividend of 22% amounting to Rs 2.20 per equity share of Rs 10 each.

The shares were trading down by 2.54% at Rs 105 reacting to the results on the Bombay Stock Market.