DCB Bank Q3 results: Net profit rises 11%, net interest income up 6%

The net NPA ratio showcased an improvement from the previous quarter. As of Q3FY24, the net NPA ratio was reported at 1.22%, down from 1.28% in the previous quarter.

The capital adequacy ratio (CAR), as of December 31, 2023, stood at 15.72%.

Murali M. Natrajan, Managing Director & CEO of DCB Bank, commented on the results, stating, “We are pleased with the sustained growth in our net profit and net interest income. Our focused approach on asset quality is reflected in the marginal improvement in NPA ratios. The bank remains committed to maintaining a robust financial position and delivering value to our stakeholders.”