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DCB Bank reports 51% rise in Q3 net profit

16 Jan 2019 Evaluate

DCB Bank has reported results for third quarter ended December 31, 2018.

The Bank has reported 51.03% rise in its net profit at Rs 86.10 crore for the quarter under review as compared to Rs 57.01 crore for the same quarter in the previous year. Total income of the Bank increased by 27.13% at Rs 871.78 crore for Q3FY19 as compared Rs 685.72 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 1.92%, as compared to 1.89% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.71% in Q3FY19.

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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