DCB Bank, the private sector bank, today reported a fall of 3.06% net profit to Rs 412 million as compared to Rs 425 million in the same period last year.
Total income for the current quarter increased to Rs 4770.50 million from Rs 4044.90 million for the quarter ended Dec. 31, 2014, representing an increase of 17.94%.
The bank has made provision of Rs 209.6 million, which was higher by 13.79% from prior year period to Rs 184.2 million.
Net NPAs stood at Rs 1.30 billion as on Dec. 31, 2015. In percentage terms, net NPAs stood at 1.12% higher from 1% in the same period last year.
Capital adequacy ratio (CAR) of the bank under basel III was at 13.01% as on Dec. 31, 2015.
Shares of the bank declined Rs 0.9, or 1.18%, to settle at Rs 75.10. The total volume of shares traded was 421,906 at the BSE (Tuesday).