DCB Bank Limited
P&L
Quarterly Standalone
vs Q2 FY25
DCB Bank Reports 20% Growth in Profit After Tax for Q3 FY 2025
25 Jan 2025 · 25 Jan 2025, 12:15 am
Summary
DCB Bank Ltd. announced its third quarter financial results for FY 2025, with a 20% growth in Profit After Tax (PAT) compared to the same period last year. The bank also reported a 23% year-on-year growth in advances and a 20% growth in deposits. The Gross NPA stood at 3.11% as on December 31, 2024, with a Provision Coverage Ratio of 74.76%. The bank's Capital Adequacy Ratio was at 16.29% as on December 31, 2024.
Key Highlights
- 1
Profit After Tax (PAT) for Q3 FY 2025 was INR 151 Cr., a 20% growth from Q3 FY 2024
- 2
Advances grew by 23% and deposits by 20% year-on-year
- 3
Gross NPA was at 3.11% and Net NPA at 1.18% as on December 31, 2024
- 4
Provision Coverage Ratio (PCR) was at 74.76% and 75.56% without considering Gold Loans NPAs
- 5
Capital Adequacy Ratio was at 16.29% as on December 31, 2024
Management Comments
Praveen Kutty
Managing Director & CEO
We are happy to see the consistency of growth momentum both on advances and deposits. NIM has shown an uptick and fee momentum remains robust. While there are headwinds in the microfinance and unsecured space, we are able to improve the overall asset quality. The focus on productivity is improving the cost income ratio. We expect these positive trends to continue in the times ahead.
Informational and educational content only. Not investment advice.