DCB Bank reports net profit of ₹113.85 Cr in Q3FY23

DCB Bank reports net profit of ₹113.85 Cr in Q3FY23

DCB Bank Ltd has reported standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) – Quarter-over-Quarter Comparison:

Total income of DCB Bank for the quarter ending December 31, 2022 was Rs. 1167.15 crores, compared to Rs. 1099.21 crores in the previous quarter.

Net profit for the quarter ending December 31, 2022 was Rs. 113.85 crores, compared to Rs. 112.35 crores in the previous quarter.

EPS for the quarter ending December 31, 2022 was Rs. 3.62, compared to Rs. 3.59 in the previous quarter.

FinancialsQ3 FY2023Q2 FY2023% Change
Total Income₹1167.15 Cr₹1099.21 Cr⬆ 6.18%
Net Profit₹113.85 Cr₹112.35 Cr⬆ 1.34%
EPS₹3.62₹3.59⬆ 0.84%

Financial Results (Q3 FY2023) – Year-over-Year Comparison:

Total income of DCB Bank for the quarter ending December 31, 2022 was Rs. 1167.15 crores, compared to Rs. 996.42 crores in the same quarter of the previous year.

Net profit for the quarter ending December 31, 2022 was Rs. 113.85 crores, compared to Rs. 75.37 crores in the same quarter of the previous year.

EPS for the quarter ending December 31, 2022 was Rs. 3.62, compared to Rs. 2.41 in the same quarter of the previous year.

FinancialsQ3 FY2023Q3 FY2022% Change
Total Income₹1167.15 Cr₹996.42 Cr⬆ 17.13%
Net Profit₹113.85 Cr₹75.37 Cr⬆ 51.05%
EPS₹3.62₹2.41⬆ 50.21%

Financial Results (9 Months Ended FY2023) – Year-over-Year Comparison:

Total income of DCB Bank for the 9 months ending December 31, 2022 was Rs. 3308.06 crores, compared to Rs. 2930.09 crores for the same period the previous year.

Net profit for the 9 months ending December 31, 2022 was Rs. 323.35 crores, compared to Rs. 174.07 crores for the same period the previous year.

EPS for the 9 months ending December 31, 2022 was Rs. 10.29, compared to Rs. 5.56 for the same period the previous year.

Financials9 Months Ended FY20239 Months Ended FY2022% Change
Total Income₹3308.06 Cr₹2930.09 Cr⬆ 12.90%
Net Profit₹323.35 Cr₹174.07 Cr⬆ 85.76%
EPS₹10.29₹5.56⬆ 85.07%

Asset Quality:

Asset QualityQ3 FY2023Q2 FY2023Q3 FY2022
Gross NPA₹1223.31 Cr₹1249.19 Cr₹1339.75 Cr
Gross NPA %3.62%3.89%4.78%
Net NPA₹453.23 Cr₹482.90 Cr₹696.52 Cr
Net NPA %1.37%1.54%2.55%

Gross NPA of DCB Bank for the quarter ending December 31, 2022 was at Rs. 1223.31 crores, compared to Rs. 1339.75 crores in the same quarter of the previous year and Rs. 1249.19 crores in the previous quarter.

Net NPA for the quarter ending December 31, 2022 was at Rs. 453.23 crores, compared to Rs. 696.52 crores in the same quarter of the previous year and Rs. 482.90 crores in the previous quarter.

GNPA as a percentage of gross advances was 3.62% as of December 31, 2022, compared to 4.78% as of December 31, 2021 and 3.89% as of September 30, 2022.

Net NPA as a percentage of gross advances was 1.37% as of December 31, 2022, compared to 2.55% as of December 31, 2021 and 1.54% as of September 30, 2022.

RatiosQ3 FY2023Q2 FY2023Q3 FY2022
RoA %0.94%0.97%0.73%
CAR (BASEL III) %16.26%17.91%18.21%

RoA for the quarter ending December 31, 2022 was 0.94%, compared to 0.97% in the previous quarter and 0.73% in the same quarter of the previous year.

CAR for the quarter ending December 31, 2022 was 16.26%, compared to 17.91% in the previous quarter and 18.21% in the same quarter of the previous year.

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