DCB Bank has reported results for first quarter ended June 30, 2014.
The bank’s net profit for the quarter jumped by 4.25% at Rs 44.64 crore as compared to Rs 42.82 crore for the quarter ended June 30, 2013. Bank’s total income has increased by 26.44% at Rs 386.69 crore for the quarter under review as compared to Rs 305.83 crore for the corresponding quarter of the previous fiscal.
The bank’s gross NPA for the April-June quarter of the current fiscal stood at 1.78%, as compared to 3.41% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 0.97% in Q1FY15 as compared to 0.84% in the same quarter of the previous year.
