(20 second reading) DCB Bank has reported a net profit of Rs 156 crore in the Q4 as compared with Rs 142 crore in the year-ago quarter. Net interest income during the quarter, rose to Rs 508 crores compared with Rs 486 crores in the year-ago period. Similarly, total income rose to Rs 644 crores from Rs 608 crores in the year-ago period.
Advances growth on a YoY basis stood at 19 per cent while deposits grew by 20 percent in the same period.
GNPAs declined to 3.23 per cent as compare with 3.19 per cent in the year-ago quarter. Capital adequacy ratio of the bank stood at 16.59 per cent at the end of March 31, 2024, the bank said. Net NPAs rose to 1.11 per cent from 1.04 per cent in the corresponding quarter last year.
The bank’s provision coverage ratio, at the end of March quarter, stood at 77.30 per cent, the bank said.