DCB Bank Q4 Profit Rises 14% YoY

29 Apr 2025 , 10:19 PM

DCB Bank reported it s Q4 Result. DCB Bank records 13.74% increase in net profit for the fourth quarter of January–March 2025 at ₹177.07 crore compared with ₹155.68 crore during the last quarter.

The bank’s overall income also rose well by 24.03% year on year to ₹1,960.71 crore in Q4 FY25 from ₹1,580.82 crore in the corresponding quarter last year. Profit before tax (PBT) was at ₹238.18 crore, up by 13.6% year on year from the corresponding quarter last year.

Net Interest Income (NII), the indicator of the bank’s core lending profitability, increased by 9.84% to ₹558 crore for Q4 FY25 from ₹508 crore for the same quarter previous year. Deposits increased by 21.64% year-on-year to ₹60,031 crore as of March 31, 2025, indicating increased customer confidence in the bank.

The bank’s loan book also grew over the period with net advances rising 22.67% YoY to ₹51,047 crore. CASA ratio expressing the proportion of low-cost deposits was at 24.25% as of March 2025, down from last year’s level of 26.02%.

In asset quality, the value of Gross NPAs increased to ₹1,554.43 crore from ₹1,353.47 crore of last year, while the gross NPA ratio reduced to 2.99% from 3.23%, indicating improved credit discipline and recovery. The net NPA ratio was 1.12%, a notch higher than last year’s quarter at 1.11%.

Referring to the performance, MD & CEO Praveen Kutty informed that the bank continues to show a good growth momentum in deposits as well as loans. He further informed that net interest margins are settling, fee income is growing steadily, and cost efficiency is increasing.

He also revealed that the quality of assets at the bank is being improved ruthlessly even against the backdrop of a difficult macro environment and is looking to carry on this direction.

The board also approved an interim dividend of ₹1.35 per equity share (having face value of ₹10) subject to shareholder approval in the forthcoming Annual General Meeting (AGM).

The board also approved raising up to a maximum of ₹500 crore under Basel III-eligible Tier II bonds by way of private placement and ₹750 crore under Qualified Institutional Placement (QIP), subject to business requirements and regulatory approval. DCB Bank, new generation private sector bank, has 464 branches in 20 states and 2 union territories, regulated by Reserve Bank of India.