DCB Bank Q4 profit down 24% to Rs 52.86 crore
Friday, April 14, 2017, 6:13 PM
DCB Bank Ltd on Friday reported 24% drop in net profit for the fourth quarter on higher provisioning and higher tax expense. Net profit for the quarter was Rs.52.86 crore as compared to Rs 69.53 crore a year ago. DCB Bank’s gross NPAs rose 11.53% to Rs 254.20 crore at the end of the March quarter from Rs 227.93 crore in the December quarter.