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DCB Bank reports 13% rise in Q4 net profit

10 May 2021 Evaluate

DCB Bank has reported results for fourth quarter and year ended March 31, 2021.

The bank has reported a rise of 13.31% in its net profit at Rs 77.91 crore for the quarter under review as compared to Rs 68.76 crore for the same quarter in the previous year. However, total income of the bank decreased by 4.02% at Rs 971.16 crore for Q4FY21 as compared Rs 1011.79 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the bank has reported 0.64% fall in its net profit of Rs 335.79 crore as against Rs 337.94 crore for the previous year. Total income of the bank marginally decreased by 0.28% at Rs 3916.71 crore for year under review as compared to Rs 3927.73 crore for year ended March 31, 2020.

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