/ DCB Bank reports 7% rise in Q1 net profit ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 16 July 2018

DCB Bank has reported results for first quarter ended June 30, 2018.The Bank has reported 6.56% rise in its net profit at Rs 69.50 crore for the quarter under review as compared to Rs 65.22 crore for the same quarter in the previous year. Total income of the Bank increased by 20.40% at Rs 784.26 crore for Q1FY19 as compared Rs 651.38 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 1.86%, as compared to 1.74% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 0.72% in Q1FY19.

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