t

fr{ro, dT6

fu

enr*F
DENA BANK
'fr' dn.

6ft+tr,

ff

: tqr ordfte tes, S-to,

siiT 3-df
srEr (Td),
+oo osr.
INVESTOR RELATIONS CENTRE : Dena Corporate Centre, C-10, 'G' Block, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051.
Tel:2654 5318/ 19 120. Fax:26545317. E-mail:irc@denabank.co.in/investorgrievance@denabank.co.in

Ref. No. HO llRCl489l2O16

The Vice President - Listing
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001.

November, 05,2016
Vice President - Listing
The National Stock Exchange of India
Limited,
Exchange Plaza,
Bandra-Kurla Complex, Bandra (East),
Mumbai - 400 051,

Dear Sir,

half vear ended

Pursuant to Regulation 33 of iEBl (LODR) Regulations, 2015, we are pleased to
submit herewith Unaudited (Rev'iewed) Financial Results of the Bank for the quarter /
half year ended 30tn September, 2016, which are taken on record by the Board of
Directors of the Bank at its meeting held today at Mumbai.

We also enclose herewith Statutory Central Auditor's report, who have carried out
limited review of the quarterly/ half yearly results for the quarter / half year ended 30th
September,2016 for your information and perusar, as per said Regulations.
Press release in this regard is also being released to the press for publication in
terms of Regulation 47(1)(b) of the Regulation.
Thanking You.
Yours faithfully,

Jothi Kaling raayan)

sst. General anager
rRc & BPR) &
Compliance Officer
Encl: as above

;
REVIEWED

FINAl'lclAt REsutTs toR

THE QUARTER

Quorier ended

No

Porliculors

nreresr eorneo

30.06.20t 6

30.09.201 5

30.09.20t 6

30.09.20t 5

31.03.20t 6

IReviewed

IReviewed]

IReviewed]

Reviewedl

lAudiledl

(o+D+(+dl

Interesl on bolonces wilh Reserve Bonk of Indio ond

oft"" i,,t,"

2,60,731

2,68,63"

2,68,031

5,29,361

5,44,90t

85 461

|,92,15t

|,96,961

3,77,62:

4 00 089

|,75,50ii

68,68t

70 42

63,33!

t,39,t I

|,29,351

2,60.81 |

84t

24

t,5l t

3,05(

3,195

24,45,

0thers

5 80r

621

I I .53!

l, t/ll

19,vl

52,t81

33,t8i

2,91,413

2,90,f 35

2,8f ,209

4[

s 7n Aol

1,93,58i

2,06,54,

2,02,34i

3l

4,t 6,39!

8,t6,89J

58 791

57,14,

56 58

l.l593l

t,t t,38i

2,26,824

37.88{

3t,921

36.911

75,80r

72,47t

20,9li

19 221

9.66i

40,r 3l

38,90J

82,0r I

2,52,379

2,63,691

2,58,925

5,16,07A

5,2f ,792

10,43,723

39,031

27,044

28,293

66,079

30 67

(l*2)

nferesf Exoended
Jperofing expenses

(i)*(ii)

fmployees (osl

ii) 0ther operofing expenses

6

ngencieg

Profif before provisions ond contingencie$

Provisions (other fhon tox) & (ontingencies

54,22!

65 68t

28,35"

rf which provisions for Non Performing Assets

1,20,9t

55,44t

59.84!

28,61

|,15,29!

:xceplionol ltems

il

Arlivities before tox (7-

- 9)

(39,641

fl5,191)

'rovisions for Ioxes

lt

l6

rEr

rrulrrr/

LU!)t-, r0r T[e peflo0

[ll_lJl

'oid up equity shore copitol (Foce volue of

{10/-oer

shore)

rE)crvE y^UUuiltg fievutuulton fiesefve (0s per B0l0nc Sheel

50,9 |

92,530

60,82

2,4t,6tl

62,t51

2,72,40i

(69

(54,832)

(3,945

(22,46s)

fl 5.306

(6r,557

(4,432"

(27,9351

3,87t

(3236n

5,39i

03.532

(4,432)

Q7,935)

3 87t

$n6n

5,39"

[93532

66 69

66,69

64,525

66,693

64,52!

0,7591

t3

1,44,81

t,700

fl

t2

l4

4,00,1

71 68(

I1.36.2s3

6)

5,82,r

Iurur c^PciluIUtE [aTJ,

lperoting Profit (3 -

094

22,10'.

5 73!

0ther inrome
lolol income

t0,64,57i

Uonl

iunds
'd)

Yeor ended

30.09.20t6

b) Inrome on investmenl
lc)

Holfueor ended

[Reviewedl
o) Interesl /discount on odvonces/ bills

20t6
n

Sr.

HAIF YEAR ENDED 30TH SEPTEwIBER

0,914

NI

rrevious oaounling yeor)

NI

NI

t't

NI

5,54,50i

Anolyficol Rotios

i)

Percentoge of shores held by Govt. of Indio

62.89

628

65.0

62.81

lll

65.0(

62.81

r0

lt

l.ll

|.2"

lr.0l

ul.

PEr )Iut

u [Er)r_fr0T

71

t2l

69(

ltl

72.

l4

7.tt

7.1

1.4

0.21

t4

0.2t

1.4:

Annuoilseo

Before Extroordinory llems (nel of tox expense) for the period,

for the
us yeor [in

{]

- Bosic
- Diluled

(0.66j

(4 19

061

(4 85)

091

(r 5.50

6t

(4.1 9

061

(4.81 )

09

(r 5.50

(0

After Extroordinory ltems (net of tox expense) for the period,

for lhe
reor lo dote ond for the previous yeor
[in T]
- Bosk
- Diluled

Amount of Nef l.|on Performing Assers

Percentoge of Gross NpAs lo Gross Advonces
r Er ruilrugu ur

fler flrAs

, IErur I uil A))Er) tAililuuillg0,

T0

4.19

061

(4 85

09t

(4.r 9

06!

(4.81)

0.9t

6,62,301

5,9t,t

3.7f

89

70

(0.r 4)

\,

/t
)

!v-Jl

/"

(fi

0,82,451

Nel 0dv0n(es
|

(0.661

(0 65

611

5,28,26i

15 50

0,82,45t

5,28,26i

8 56,049

6,62,30{

3,49,345

5,23,04

3,49,34!

t.8t

0.ur

1t(

6.81

991

t62

465

89

45

63:

(0 86

0.1

(0

5l

FO*Q

00!

(1.02

Segment ltUise Result

n

Quorter ended

Sr.

Poriirulors

l'lo

\ur pur utE/ trilutu)ute DullKl[0

).

30.09.201 6

30 06 20t 6

30.09.201 5

30.09.201 6

30.09.20t 5

31.03.201 6

IReviewedl

[Reviewedl

[Reviewed]

lReviewedl

lAuditedl

93,/0:

88 39t

1,2t,201

t,3t.l 0i

59.6t\

61,201

Retoil Bonking

l).

0fher Bonking 0perotions

l0

I 0,821

Income from 0perolions

Yeor ended

IReviewedl

r). Ireosury0perotions
,r.

Holy yeor ended

2,91,4t3

6,451

r,82,t 0l

r,52,1 0:

1,43,595

2,58 30t

2.85.31 r

5,54.s3!

1.20.881

,29,24t

2,40,6tt

60,531

03,

662

2,90,735

2,87,208

3,05,901

20,851,

12,021

35 t3t

5,82, | 48

5,79,695

I |.36.2s3

ory
Treosury 0perotions

D.

D. (orporote/

Wholesole Bonking

24,t57

t,466

7,553

36,223

6,419

4l,221

(28,2501

|,412

f47.006r

25,034

(92,350
(t 4,769

fl 8,7561
(578

l).

()ther Bonking 0perotions

fl,096)

8,988

14,4r I

-9,854

29,602
u^ r^PsIrE)

t). (orporote/

Wholesole Bonking

). Reloil Bonking
l). Ofher Bonking

0perotions

fl,6741

5,956

| 7,0t 4

9,199

(t r,706)

r3 s4{

(22,455)

(4,432

(27,93s)

3,8f 5

132,36r"

Treosury 0perotions
rur pur uru/ wilutE)utu Du[Ktn0

,r.

nctutr DUIiItu

lL

Other Bonking 0perotions

r). (opitol

).
Ihe

tmployed

UnollorotedLiobilities

Br nk does

t,l

(9,9r 4l

il

8,73(

fl,55,089

5.306

(61

,551

(93,s32t

5,392

48,58,s|

44.83 88

42,53.01 (

48,58,5t1

42,53,01 (

44,95,32!

48,65,03(

50,00,55

5r,46,35'

48 65 03

5r.46,3si

5l,66,281

26,61,601

28,00,84(

25 00 45

26,6t,60!

25,00,451

3r,58.05t

r,t

4,1 6r

|,22,38(

2,r 6,03i

l,l

6(

2,16,03:

t,37.41

4,1

0,36

4,00.60i

2.0r .l 0!

4.t 0.36;

2,0t,t 0!

3,87,091

1,28,08.26s

1,23,16,969

1,29,09,74!

1,23,16,969

|,33,44.t 64

1,29,09,145

,r.

58,12i

(54,832

(r 0,759)

29,531

(36,359

48,208

59,38!

(69

re5r[rerrl Lruu

D.

4,s57

28,448

(3e,641

Acca+c

rr. rrEu)uty upEtuiluill

4 459
4,955

28,379

29,t81

(r5,r 9
I

026

4,1

48,58,5ti

44 83,88(

42,53,0t1

48,58,51

42,53,011

44,95.3t1

4,19t:

48 78 r8f

48,7t,42

46,t4,191

48,fl,42

50,t7,493

2s,26.00!

26,60,9ti

22,7s,721

25,26,001

22,15,721

29,28,681

85,55r

81.83r

46,7

l,l

4,30,

| .25

29(

6,85,12"

I r,37i

t4,61/

1,29,09,f 45

|.28.08.265

7,90,1

l,t

0t

.25.291

38 86

1,23.16,969

nol hove 0ny sec0nd0ry (geogr0phicol) segment

nt

A?,

1,16,571

7,90,1 0l

t,t4,t4)

4.30i

| 1,37i

38,86i

|,29,09,745

|,23.16.959

I I .94:

1,33,44.164

STATE'IIENT OF AssETs A1{D TIABII.IIIEs

SU'IIMARISED BATANCE SIIEEI
As or 30.09.201 5
CAPITAI, AIID [IABITITIES

(Rs in locs)
As

lReviewedl

ot 30.09.20t

.opilol

ot 31.03.2016
lAudiredl

66,691

leserves ond Surolus

65859

l,l
Ither Iiobilities ond provisions

As

IReviewedl
64,526

66 693

|,25,582

6,47,454

1,99,77{

1,06,42,981

6,97,t6t

6,04,557

6,27.t33

2,81,511

2,t9,323

2,59,788

1,29,09,f 45

1,23,15,969

1,33,44,164

6,32,361

5,93,2t6

5,34,8t 4

|,n,43.096

ASSETS

.osh ond Bo]onces with Reserve Bonk of Indio

lolonces with the Bonks ond Money ot coll ond shorl

notice
nveslmenls
ldyonces
:ivcrl lrc

82 45

25,843

2,915

36 95 54r

32,51,t46

35,22,622

74,r 9,09(

t5,t5,964

82,32,833

|.32.95i

1,20,035

9,4t,335

8,1

|,29,09.745

0,t 65

t,2:t,16,969

','q

'1,A

9,1

n1'

4,098

1,33,44,164

:a)

1{0TES

The obove finonciol resulh were reviewed

by the Audit (ommiilee ond opproved by
rhe Boord of Direcfors ot its meeling held
on 05.11.2016. The some hove been
reviewed by Slofulory (enlrol Auditors
of the Bonk, in line with lhe direcrions issued
by rhe Reserve Bonk of Indio ond os per rhe
requiremenr
of risring ogreemenf with
Stock Exchonges.

Thetinoncio|resuhshovebeenpreporedinoccordoncewith|heAccoun|ing5|ondords(AS-25)on,,|nterimfinoncio|Reporring,,fo||owingAccoun|ingPo|iesos|hose
followed in preporotion of onnuol finonriol slolemenls
for fhe yeor ended 3l 'r Morch 20 | 6.

Ihe finontiol resulh for lhe quorler ond six monlhs

endecl 30th September 2016, hove been orrived
ol offer considering Provision for Non performing
Assets, Sfondord
Assels, Reslructured Assefs, Depreciotion Provision
for Investments ond provision for [xposure fo Entities with
/
Un-hedged Foreign (urrency Exposure on lhe
bosis of
Prudenfiol norms ond guiderines issued by RBr. provision
for Toxes, Depreciotion on Fixed Assers, Emproyee
provisions
Benefils ond Other

ronsidered on estimoted bosis.

4
5

for Confingenries hove

been

Provision [overoge Rotio is 50.95% os on 30th

September 2016.

InotcordoncewilhlheRBlcirculorno'DB0DNo'BP'B('l/21.06.201/2015'l6dotedJuly0l,20r5,rhebonkisrequiredromokeholfyeorrypillor3disclosuresincluding
lever'ge r.fios ond liquidily (over'ge r0li05 under
Bosel

lll copilol requiremenrs. Ihe disclosures ore being mode ovoilohle

on fhe home page of Bonk,s webslte. ThesJ
disrlosures hove nor been subieded t0 rimired review
by rhe stotufory (enrror Audirors of the Bonk.

The Govt' of Indio hos infused o sum of Rs 446

cr. for subsaiplion of Rs 12,02,15,633 shores or
o consolidofed price of Rs 37.1 0 (including sh0re premium
of Rs 27.10) per
shore' Ihe some hos been kepl os "shore Applicotion
money pending ollohent" os on 30th seplember 201
5, os the ollofment rould be complered only on
3rd 0ctober
?016' The omounf hos been clubbed under "Reserves
& surplus" in the current quorrer for rhe purpose
of (RAR rolculotion os well os orher disclosures.

P0sirion of Investors comproinls for rhe quorfer-ended

30th september 20r 6 is os under:

(orresponding figures of
eorlier periods hove been regrouped/ reclossified, wherever
ne(ess0ry r0 moke rhem (0mporoble wirh rhe period
under review.

,..'i1
r'' , :].

(Ashrr\i ttumor)

SGAjmera&Co

Fo

.Anand&ponnappan

For M/s APAS & Go

Jain & Jain

Accountants

B. Jainl

Partner
Mem.

No

081398

FRN 002908c
Plo<: Munnboi
Dcrt,: 5th November 2016

Mem. No. 021695

FRN OOO111S

Partner
Mem. No.078796
FRN 000340c

Mem. No. 110372

FRN 103869W

SCAjmera&Co.
Chartered Accountants
lS,Technocrat Housing Society,
Moti Magri Scheme,
Udaipur (Raj)- 313001
APAS & Co.
Chartered Accountants
"Krishna -Ranjan", B 3S/5,
Raipur (CG)-492001

Anand & Ponnappan

Chartered Accountants

46/8, Siouth Boag Road,

T. Nagar,
Chennai (TN)- 600017
Jain & Jain
rtr:red Acco u nta nts
601,Jolly Bhavan, No-2,
51,New Marine Lines,
Mumbai (Mah)-400020
Cha

Limited Review Reoort for the

To

The Board of Directors,

Dena Bank,
Mumbai.
Introduction:

We have reviewed the accompanying statem

financial results of
Dena Bank for the.quatg.l / half'year ended
016 except for the
disclosures regarding "pillar 3 under Basel
ati,ons,,, ,,Leverage
Ratio". and "Liquidity Coverage Ratio,' which
d from disclosures
made by the Management and have not been reviewed by us. This siatement
is the
responsibility of the Bank's Management and has been ipproved by the
Board of
Directors. our responsibility is to iisue a report on the said' statemeini based
on our

revtew.

Scope of Review:

misstatement.

Standard on Revietw Engagements

lnformation pertbrmed by the
Institute of Chartered Accountants
plan and perform the review to obtain
inancial statements are free of material

pally of applying analytical procedures to

persons responsible for financial and
ss in scope than an audlit conducted in
iting standards, the objective of which
the financial statements taken as a
wnore. Accorotngty, we do not exprress an audit opinion.

to
portfo

hes

iiJ;Xl

orate the relevant returns of 20 branches

us through Core Bankirrg System of the
he conduct of our revieu/, we have taken
ubmitted by the
;e review reports
erforming Assets
riewed returns in

Conclusion:

Based on our review as aforesarid, subject to limitations in scoFre as mentioned

above, nothing has come to our attention that causes us to believe that the
accompanying statement of unaudited financial results together: wiifr-tfre notes
plicable accounting standards and other
licies, has not disclosed the information
ion 33 of the SEBt (Lis;ting Obtigations
2015 read with RBI Circular (2OL6_
! to half yearly/quarterly review of the
rg the manner in which it i:; to be disclosed
or that it contains any material rnisstatement or that it has not Oeen piepareo
in
accordance with the relevant prudential norms issued by the Reserve
B5nk of India
in respect of income recognition, asset classification, piouirioning ano
oif,er related
matters.

focSCAjmera&Co
Chartered Accountants

Arun Sarupria

Partner N *4f
f\u /

M No 078398
FRN 0o29o8c

\'

Paftner
M No 021695
FRN OOO1115

forAPAS&Co

for

Chartered

Abhishek Mahawar
Partner
M No 078796
FRN 000340c
Place: Mumbai
Date: 05,11,2016

;1,"^l*,11").1

Qt,r;,9

Jain &Jain

Paftner
M No 110372
FRN 103869W