Latest News | DCB Bank Q4 Profit Rises 25 Pc to Rs 142 Cr

New Delhi, May 5 (PTI) Private sector lender DCB Bank on Friday posted a 25 per cent increase in its net profit to Rs 142 crore in the quarter ended March 2023.

The Mumbai-based lender had posted a net profit of Rs 113 crore in the year-ago period.

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Total income during the January-March quarter of FY23 rose to Rs 608 crore from Rs 495 crore in the same period of FY22, the bank said in a statement.

The Gross NPAs as of March 31, 2023, were 3.19 per cent. Net NPA was at 1.04 per cent as of March 31, 2023.

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Both Gross NPA and Net NPA declined sequentially as well as in comparison to last year, DCB Bank said.

For the full 2022-23 fiscal, the bank's net profit jumped by 62 per cent to Rs 466 crore compared to Rs 288 crore in 2021-22.

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