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DCB Bank reports 2% fall in Q1 net profit

10 Aug 2020 Evaluate

DCB Bank has reported results for first quarter ended June 30, 2020.

The Bank has reported 2.07% fall in its net profit at Rs 79.38 crore for the quarter under review as compared to Rs 81.06 crore for the same quarter in the previous year. However, total income of the bank increased by 0.66% at Rs 950.70 crore for Q1FY21 as compared Rs 944.46 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 2.44%, as compared to 1.96% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.99% in Q1FY21.

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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