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DCB Bank reports 3% fall in Q3 net profit

13 Jan 2016 Evaluate

DCB Bank has reported results for third quarter ended December 31, 2015.

The bank has reported a fall of 3.06% in its net profit at Rs 41.20 crore for the quarter under review as compared to Rs 42.50 crore for the same quarter in the previous year. However, total income of the bank has increased by 17.94% at Rs 477.05 crore for Q3FY16 as compared Rs 404.49 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) increased to 1.98% in the October- December quarter as against 1.87% in the same quarter previous year, while net NPAs stood to 1.12%.

 

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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