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DCB Bank reports 12% rise in Q3 net profit

27 Jan 2020 Evaluate

DCB Bank has reported results for third quarter ended December 31, 2019.

The Bank has reported 12.31% rise in its net profit at Rs 96.70 crore for the quarter under review as compared to Rs 86.10 crore for the same quarter in the previous year. Total income of the Bank increased by 13.66% at Rs 990.89 crore for Q3FY20 as compared Rs 871.78 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 2.15%, as compared to 1.92% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 1.03% in Q3FY20.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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