DCB bank gains on good Q4 numbers

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
    DCB bank gains on good Q4 numbers
    Shares of the DCB Bank gained more than 1% on Friday after the bank posted better than expected Q4 numbers.
     

    DCB Bank reported full year net profit of Rs. 102 Cr. in FY 2013 as against full year net profit of Rs. 55 Cr. in FY 2012.

    The Bank's net profit for Q4 FY 2013 was Rs. 34 Cr. as against net profit of Rs. 17 Cr. in Q4 FY 2012.

    The bank's net advances grew to Rs. 6,586 Cr. as on March 31, 2013 from Rs. 5,284 Cr. as on March 31, 2012 a growth rate of 25%.

    Net Interest Margin for FY 2013 stands at 3.34% as against 3.25% for FY 2012. Q4 FY 2013 NIM was at 3.52% as against 3.12% for Q4 FY 2012

    Shares of the bank were seen trading at Rs 43.50 higher by 0.81% on BSE. It touched an intraday high of Rs 45.45.

    GoodReturns.in

    Read more about: dcb
    Story first published: Friday, April 12, 2013, 15:33 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more