DCB Bank reports 50% rise in Q4 net profit

Mumabi : DCB Bank has reported results for the fourth quarter and year ended March 31, 2019. The Bank has reported a rise of 50.02% in its net profit at Rs 96.33 crore for the quarter ended March 31, 2019, as compared to Rs 64.21 crore for the same quarter in the previous year. Total income of the Bank increased by 26.21% at Rs 926.46 crore for the quarter under review as compared Rs 734.05 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the Bank has posted a rise of 32.62% in its net profit at Rs 325.37 crore as compared to Rs 245.34 crore for the same period in the previous year. Total income of Bank increased 24.54% at Rs 3,391.65 crore for year under review as compared to Rs 2,723.26 crore for the period ended March 31, 2018.

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