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DCB Bank reports marginal rise in Q1 net profit

15 Jul 2016 Evaluate

DCB Bank has reported results for first quarter ended June 30, 2016.

The bank has reported 0.34% rise in its net profit at Rs 47.03 crore for the quarter as compared to Rs 46.87 crore for the same quarter in the previous year. Total income of the bank has increased by 13.54% at Rs 530.75 crore for quarter under review as compared to Rs 467.44 crore for the quarter ended June 30, 2015.

The bank’s gross NPA for the April-June quarter of the current fiscal improved to 1.72%, as compared to 1.96% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 0.87% in Q1FY17.

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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