DENA BANK HEAD OFFICE :
MAKER TOWERS 'E', CUFFE PARADE
MUMBAI : 400 005

UNAUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED 30th JUNE, 2003
 

				Rs in Lacs
		Quarter ended (Unaudited)	Quarter ended (Unaudited)	Previous Accounting Year ended (Audited)
		30.06.2003	30.06.2002	31.03.2003
1	Interest Earned (a + b + c + d)	42763	42109	177229
	a) Interest/Discount o­n advances/bills	20830	20433	87240
	b) Income o­n Investments	20830	20433	87240
	b) Income o­n Investments	20775	20330	83635
	c) Interest o­n balances with Reserve Bank of	1157	922	4508
	India and Other Inter Bank funds
	d) Others	1	424	1846
2	Other Income	11093	5592	43700
A	TOTAL L INCOME (1 + 2)	53856	47701	220929
3	Interest Expended	29119	30794	120419
4	Operating Expenses (e + f)	11498	11423	51127
	e) Payments to and provisions for employees	7822	7989	36603
	f) Other operating expenses	3676	3434	14524
B	TOTAL EXPENDITURE (3 + 4) (excluding Provisions and contingencies)	40617	42217	171546
C	OPERTING PROFIT (A - B) ( Profit before Provisions & contingencies)	13239	5484	49383
D	Provisions and Contingencies	8819	4734	32955
	- of which provisions for NPAs	6466	4576	26968
E	Provisions for Taxes	1500	397	5009
F	Net Profit ( C - D - E )	2920	353	11419
5	Paid-up equity share capital	20682	20682	20682
6	Reserves excluding revaluation reserves ( as per balance sheet of previous accounting year)	65690	62137	65690
	(Excluding debit balance in profit & loss account)	(35234)	(40725)	(35234)
7	Analytical Ratios
	i) Percentage of Shares held by Government of India	70.99	70.99	70.99
	ii) Capital Adequacy ratio %	9.69	7.82	9.33
	iii) Earning per share (Basic & Diluted) - annualised Rs	5.65	0.68	5.52
	iv) Return o­n Assets (Annualised) %	0.58	0.08	0.57
8	Aggregate of Non-Promoter Shareholding
	i) Number of shares	60003200	60003200	60003200
	ii) Percentage of shareholding	29.01	29.01	29.01