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DCB Bank reports 46% rise in Q4 net profit

09 May 2022 Evaluate

DCB Bank has reported results for fourth quarter and year ended March 31, 2022.

The bank has reported a rise of 45.60% in its net profit at Rs 113.44 crore for the quarter under review as compared to Rs 77.91 crore for the same quarter in the previous year. Total income of the bank increased by 7% at Rs 1034.71 crore for Q4FY22 as compared Rs 967.04 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the bank has reported a fall of 14.38% in its net profit at Rs 287.5 crore as compared to Rs 335.79 crore for the previous year. However, total income of the bank increased by 1.56% at Rs 3,964.81 crore for year under review as compared to Rs 3,904.04 crore for year ended March 31, 2021.  

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