DCB Bank Posts Record Q1 Operating Profit, Maintains Strong Growth Trajectory
DCB Bank achieved its highest-ever quarterly operating profit of Rs 327.00 crores and record fee income of Rs 236.00 crores in Q1. The bank saw 20% deposit growth and 21% asset growth year-on-year, marking the fourth consecutive quarter of 19-20% balance sheet growth. Operating revenue surged by 28%, while operating costs rose by 13%. The bank took proactive measures in risk management, providing 100% coverage for NPAs in MFI and unsecured direct assignment loans. Despite repo rate cuts, Net Interest Margin declined only slightly to 2.99%. The bank improved operational efficiency by reducing headcount while maintaining strong growth through technology adoption and process improvements.
31Jul 25
DCB Bank Reports Mixed Asset Quality Metrics and Increased Provisions in Q1
DCB Bank's Q1 financial results show a mixed performance. The gross NPA ratio improved to 2.98% from 3.33% year-over-year, while net NPA stood at 1.22%. Total income rose to ₹2,049.69 crore from ₹1,632.25 crore, and net profit increased to ₹157.26 crore from ₹131.36 crore. However, provisions saw a significant 71% quarter-on-quarter increase to ₹1,150.00 million. The bank maintained a strong Capital Adequacy Ratio of 16.66% under Basel III norms.
28Apr 25
DCB Bank Reports Strong Q4 FY23 Results: Net Profit Surges 14% YoY, Dividend Announced
DCB Bank's Q4 FY23 results show significant growth with net profit up 14% to ₹177.07 crore and net interest income rising 10% to ₹557.96 crore. Asset quality improved with GNPA at 2.99% and NNPA at 1.12%. The bank recommended a dividend of ₹1.35 per equity share, and its stock surged over 10% following the announcement.
25Apr 25
DCB Bank Unveils Ambitious Capital Raising Plans Totaling ₹1,250 Crore
DCB Bank has announced plans to raise up to ₹1,250 crore through a combination of Tier II bonds and equity shares. The bank aims to issue ₹500 crore in Basel III compliant Tier II Bonds and raise ₹750 crore through equity or convertible securities via Qualified Institutions Placement. This announcement follows a strong financial performance in FY 2025, with a 14.81% increase in net profit to ₹615.33 crore and a 23.73% rise in total income to ₹7,221.10 crore. The bank's Board has also recommended a dividend of ₹1.35 per equity share for FY 2025.
25Apr 25
DCB Bank Reports Q4 FY23 Results: 13.5% Profit Growth and Dividend Declaration
DCB Bank's Q4 FY23 results show a 13.5% increase in net profit to ₹177.00 crore. Revenue grew to ₹1,742.00 crore, up 21% year-on-year. Asset quality improved with GNPA ratio decreasing to 2.99% and NNPA ratio to 1.12%. The bank declared a dividend of ₹1.35 per equity share for FY 2022-23.