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DCB Bank reports 10% fall in Q2 net profit

13 Oct 2015 Evaluate

DCB Bank has reported results for second quarter ended September 30, 2015.

The bank has posted a fall of 10.12% in its net profit at Rs 36.93 crore for the quarter ended September 30, 2015 as compared to Rs 41.09 crore for the same quarter in the previous year. However, total income of the bank has increased by 25.02% at Rs 464.87 crore for quarter under review as compared to Rs 371.83 crore for the quarter ended September 30, 2014.

The bank’s gross NPA for the July-September quarter of the current fiscal stood at 1.99%, as compared to 1.90% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 1.16% in Q2FY16.

Peers
Company Name CMP
HDFC Bank 717.95
ICICI Bank 1355.10
Axis Bank 1231.25
Kotak Mahindra Bank 414.30
Indusind Bank 962.75
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