Subscribe

0

  • Sign in with Email

By clicking the button, I accept the Terms of Use of the service and its Privacy Policy, as well as consent to the processing of personal data.

Don’t have an account? Signup

  • Bookmarks
  • My Profile
  • Log Out
  • NEWS
  • POLICIES
  • MSME OPPORTUNITIES
  • BANKING & FINANCE
  • TECHNOLOGY FOR SMES
  • SECTORS
  • GLOBAL
  • Investment
  • LEGAL
  • KNOWLEDGE QUEST
  • Future Ready Forum 2025
  • Ek Nayi Udaan
  • Future Ready Summit 2024
  • ADVERTISE WITH US
ad_close_btn
  • News
  • Policies
  • Banking & Finance
  • MSME Opportunities
  • Web Stories
  • InFocus
  • Technology For SMEs
  • Sectors
  • Global
  • Fashion

Powered by :

You have successfully subscribed the newsletter.
InFocus Banking & Finance

DCB Bank Reports 23% YoY Growth in Advances for Q3 FY25

Mr. Praveen Kutty, Managing Director & CEO DCB Bank said, “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.

author-image
SMEStreet Edit Desk
25 Jan 2025 11:35 IST

Follow Us

New Update
Mr. Praveen Kutty, Managing Director & CEO DCB Bank

Mr. Praveen Kutty, Managing Director & CEO DCB Bank

Listen to this article
0.75x 1x 1.5x
00:00 / 00:00

The Board of Directors of DCB Bank Ltd. at its meeting in Mumbai on January 24, 2025, approved the unaudited financial results  for the quarter ended December 31, 2024 (Q3 FY 2025) along with limited review report by  statutory auditors ‘Varma & Varma, Chartered Accountants’ and ‘B S R & Co. LLP, Chartered  Accountants’. 

Highlights:  

1) The Bank’s Profit After Tax (PAT) for Q3 FY 2025 was at INR 151 Cr. In comparison  Profit After Tax for Q3 FY 2024 was at INR 127 Cr., growth of 20%. 

2) Advances growth year-on-year was at 23% and Deposits growth year-on-year was at  20%. 

3) The Gross NPA as on December 31, 2024 was at 3.11%. Net NPA was at 1.18% as  on December 31, 2024.  

The Provision Coverage Ratio (PCR) as on December 31, 2024 was at 74.76%  and PCR without considering Gold Loans NPAs was at 75.56%. 

4) Capital Adequacy continues to be strong and as on December 31, 2024, the Capital  Adequacy Ratio was at 16.29% (with Tier I at 13.54% and Tier II at 2.75% as per Basel III norms). 

Speaking on the Q3 FY 2025 results Mr. Praveen Kutty, Managing Director & CEO said, 

“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”.

 Key Balance Sheet Parameters  

INR Cr. 

Dec 31,  

2025

Sep 30, 

2024

Jun 30, 

2024

Mar 31, 

2024

Dec 31, 

2023

Total Assets 

71,567 

68,955 

64,516 

63,037 

59,804

Deposits 

56,678 

54,532 

51,690 

49,353 

47,120

Net Advances 

47,780 

44,465 

42,181 

40,925 

38,951

Investments 

17,963 

18,205 

16,652 

16,211 

15,443

Shareholders’ Equity 

5,489 

5,351 

5,185 

5,071 

4,912

Gross NPA Ratio 

3.11% 

3.29% 

3.33% 

3.23% 

3.43%

Net NPA Ratio 

1.18% 

1.17% 

1.18% 

1.11% 

1.22%

Coverage Ratio 

74.76% 

75.62% 

76.00% 

77.30% 

76.42%

CASA Ratio 

25.09% 

25.61% 

25.41% 

26.02% 

26.13%

Credit Deposit Ratio 

84.30% 

81.54% 

81.60% 

82.92% 

82.66%

DCB Bank Unaudited Results for the Quarter ended December 31, 2024 

INR Cr. 

Q3 FY 

2024-25

Q2 FY 

2024-25

Q1 FY 

2024-25

Q4 FY 

2023-24

Q3 FY 

2023-24

FY 

2023-24

Interest Income 

1,671 

1,568 

1,489 

1,445 

1,374 

5,362

Interest Expense 

(1,128) 

(1,059) 

(992) 

(937) 

(900) 

(3,434)

Net Interest Income 

543 

509 

497 

508 

474 

1,928

Non-Interest Income 

184 

205 

143 

136 

124 

474

Total Income 

727 

714 

640 

644 

598 

2,402

Operating Expenses 

(456) 

(459) 

(435) 

(410) 

(386) 

(1,538)

Operating Profit 

271 

255 

205 

234 

212 

864

Provisions other than  Tax

(67) 

(46) 

(28) 

(24) 

(41) 

(142)

Net Profit Before  Tax

204 

209 

177 

210 

171 

722

Tax 

(53) 

(54) 

(46) 

(54) 

(44) 

(186)

Net Profit After Tax 

151 

155 

131 

156 

127 

536

 

DCB Bank Banking
Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news
logo

Related Articles
Read the Next Article
Latest Stories
Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news

Latest Stories
Latest Stories
    Powered by


    Subscribe to our Newsletter!




    Powered by
    Select Language
    English

    Share this article

    If you liked this article share it with your friends.
    they will thank you later

    Facebook
    Twitter
    Whatsapp

    Copied!