DCB Bank Q4 Results: Net Profit Jumps 14% To Rs 177 Cr, Tightens Asset Quality; Recommends Rs 1.35 Dividend

The audited financial figures for the quarter ending March 31, 2025 (Q4 FY 2025) and the year ending March 31, 2025 (FY2025) were approved by the DCB Bank Ltd. Board of Directors during its meeting in Mumbai on April 25, 2025.

For the fourth quarter of FY 2025, the bank's profit after tax (PAT) was Rs 177 Cr. Comparatively, profit after tax increased by 14% from Rs 156 Cr in Q4 of FY 2024. In FY 2025, the bank's Profit After Tax (PAT) was Rs 615 Cr. In contrast, FY 2024's profit after taxes jumped by 15% from Rs 536 Cr.

The bank's net interest income (NII) stood at Rs 558 Cr in Q4FY25 compared to Rs 508 Cr in Q4FY24, whereas for the full year ended FY25 NII was Rs 2,107 Cr.

The bank's total income stood at Rs 777 Cr in Q4FY25, up by 20.65% compared to Rs 644 Cr in Q4FY24, whereas for the full year ended FY25 the total income was Rs 2,857 Cr.

As of March 31, 2025, the bank's gross non-performing assets (NPA) were at 2.99%. As of March 31, 2025, the net non-performing asset (NPA) was 1.12%, while the provision coverage ratio (PCR) was 74.48% and 75.22%. According to DCB Bank, its capital adequacy ratio was 16.77% as of March 31, 2025, indicating that it is still robust. According to DCB Bank, its advances and deposits grew by 25% and 22%, respectively as on 31st March 2025, over the previous year.

Mr. Praveen Kutty, Managing Director & CEO said, "The growth momentum continues to be robust across both advances and deposits. NIM is stabilizing and fee income continues to grow consistently. Productivity gains are reflected in the improving cost efficiency. We are happy to see the consistency in the improvement of portfolio quality despite the challenges posed by the environment. We expect that the measures we have taken will further improve these trends in the times to come".

The Board of Directors "recommended a dividend of Rs.1.35 (Rupee One and Paise Thirty-Five only) per equity share of face value Rs.10/- each of the Bank, subject to approval of the Shareholders at the ensuing Annual General Meeting (AGM) of the Bank and other requisite approvals, if any. The dividend will be paid/despatched within the prescribed time, post approval of the Shareholders. Record Date for same will be intimated separately to the Stock Exchanges in due course," said DCB Bank in a stock exchange filing.

Subject to shareholder approval, the Board authorized Unsecured Redeemable Non-Convertible Subordinated Basel III compliant Tier II Bonds up to Rs. 500 crore through private placement in one or more tranches within a year following the conclusion of the bank's 30th Annual General Meeting.

The Board considered and approved "an enabling resolution proposing to the members of the Bank at the ensuing Annual General Meeting, for raising of funds up to Rs.750 crore (Rupees Seven Hundred Fifty Crores) by way of issue of equity shares / other securities convertible into equity shares through Qualified Institutions Placement, as may be required by the Bank from time to time, subject to approval of the Shareholders and other approvals, if any, as may be required under the applicable laws / regulations," DCB Bank said in a regulatory filing on Friday.