DCB Bank reports 22% yoy decline in PAT at Rs75.40cr

9 Feb 2022 , 04:53 PM

DCB Bank Ltd. announced its results for the quarter ending December 2021. Its operating income stood at Rs463.30cr for the quarter ended December 2021 as against Rs491.40cr for the previous corresponding quarter, reporting a 5.72% yoy decline.

Its PBT stood at Rs101.90cr for the quarter ended December 2021, as against Rs129.60cr for the previous corresponding quarter, reporting a decline of 21% yoy.

PAT for Q3 FY’22 reported at Rs75.40cr against Rs96.20cr for Q3 FY’21, shedding 22% yoy.

The bank’s Net Interest Income for the quarter ended December 2021 stood at Rs345cr against Rs334.80cr for the quarter ended December 2020, registering a growth of 3% yoy.

Its GNPA ratio downgraded in the quarter ended December 2021 at 4.73% as against 1.96% in the previous corresponding quarter. While Net NPA Ratio stood at at 2.52% for Q3 FY’22.

Bank’s Domestic CASA deposits stood at Rs8,362.10cr for Q3 FY’22 as compared to Rs6,657.60cr for Q3 FY’21, up by 26% yoy.

Total deposits were reported at Rs32,231.10cr for the quarter ended December 2021 against Rs28,858.10cr for the previous corresponding quarter, registering a growth of 12% yoy.

DCB Bank closed at Rs86.60 against its previous closing price of Rs88.20, down by Rs1.60 or 1.81%. It strikes intraday high and low of Rs88.70 and Rs84.55 respectively.