DCB Bank has reported a 20 percent on-year rise in net profit at Rs 157 crore for the June quarter, with Advances growth at 21 percent on-year and Deposit growth at 20 percent year-on-year, a company filing said on July 31.
In the April-June quarter, deposits of the bank stood at Rs 62,039 crore in Q1FY26, as compared to Rs 60,031 crore in a quarter ago period, and Rs 51,690 crore in a year ago period.
The net advances of the bank increased to Rs 51,215 crore in April-June quarter, from Rs 51,047 crore in a quarter ago period, and Rs 42,181 crore in a year ago period.
The Mortgages growth for June quarter was at 17 percent on year for DCB Bank, Co-lending growth up 162 percent, Construction Finance was a growth of 34 percent while Agri & Inclusive Banking
segment saw a growth of 12 percent on year, during the June quarter.
The gross non-performing asset (NPA) ratio of the bank stood at 2.98 percent as on June 30, 2025, as comparted to 2.99 percent as on March 31, 2025, and 3.33 percent as on June 30, 2024.
Net NPA ratio stood at 1.22 percent in Q1FY26, as compared to 1.12 percent in Q4FY25, and 1.18 percent in Q1FY25.
The Provision Coverage Ratio (PCR) came in at 74.04 percent and PCR without considering gold loan NPAs was at 75 percent.
"Managing the NIM in a challenging environment by optimizing the cost
of funds has been a highlight of the quarter Q1. We are focused on reducing the slippage
ratio and continue to ensure that cost to average assets ratio improves even further going
forward," Praveen Kutty, Managing Director & CEO was quoted saying in a release.
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