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DCB Bank Q4 Net Climbs 10.5 Percent to Rs 70 Crore

DCB Bank had posted a net profit of Rs 63 crore in the year-ago period.

Published: 15th April 2016 06:20 PM  |   Last Updated: 15th April 2016 06:20 PM   |  A+A-

By PTI

NEW DELHI: Private lender DCB Bank today reported a 10.5 per cent rise in net profit at Rs 70 crore for the fourth quarter ended March 31.

DCB Bank had posted a net profit of Rs 63 crore in the year-ago period. Total income of the company grew 19.86 per cent to Rs 509.56 crore, from Rs 425.12 crore a year ago.

Overall provisions rose to Rs 27.25 crore, from the earlier Rs 14.32 crore. DCB Bank's gross non performing assets ratio improved to 1.51 per cent compared with 1.76 per cent last year. Its net NPA ratio stood at 0.75 per cent as against the earlier 1.01 per cent.

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