DCB Bank witnessed an 8% surge in share prices after announcing its Q3 FY25 financial results, showcasing a strong performance. As of 9:24 AM, DCB Bank shares were trading 5.18% higher at Rs 119.40.
The private sector lender reported a 19.6% year-on-year (YoY) rise in net profit at ₹151.4 crore for the quarter ending December 31, 2024, compared to ₹126.6 crore in the same period last year.
Net Interest Income (NII) grew by 14.5%, reaching ₹543 crore, up from ₹474 crore in Q3 FY24. The bank’s gross non-performing asset (GNPA) ratio improved to 3.11%, compared to 3.29% in the previous quarter, while the net NPA (NNPA) stood at 1.18% versus 1.17% quarter-on-quarter (QoQ).
Advances saw a robust 23% YoY growth, and deposits increased by 20% as of December 31, 2024. The provision coverage ratio (PCR) was 74.76%, with a slightly higher PCR of 75.56% excluding gold loan NPAs.
DCB Bank maintained a healthy capital adequacy ratio of 16.29% under Basel III norms, with Tier I capital at 13.54% and Tier II capital at 2.75%. Operational efficiency indicators included a credit cost of 0.38% and a cost-to-income ratio of 62.70%. Profitability metrics remained strong with a return on assets (ROA) of 0.86% and return on equity (ROE) of 11.98%.
DCB Bank shares opened at ₹114.74 today, reaching a high of ₹123.72 and a low of ₹114.74 during the session. The stock remains in proximity to its 52-week low of ₹107.90, while its 52-week high is ₹145.90.
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