DCB Bank Q4 net profit rises to Rs64 crore - News Summed Up

DCB Bank Q4 net profit rises to Rs64 crore


DCB Bank said it earned a net interest income of Rs264 crore as against Rs220 crore in the same period of the last year, a growth rate of 20%. Photo: Pradeep Gaur/MintNew Delhi: DCB Bank Ltd on Saturday reported a net profit of Rs64 crore in the fourth quarter ended March of 2017-18 on the back of increase in operating profit. The private sector lender had posted a profit after tax (PAT) of Rs53 crore in the year-ago period. In a regulatory filing, the bank said its operating profit rose to Rs142 crore during the quarter from Rs115 crore in the corresponding quarter of 2016-17, an increase of 23%. The bank said it earned a net interest income of Rs264 crore as against Rs220 crore in the same period of the last year, a growth rate of 20%.


Source: Mint April 14, 2018 13:07 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */