DCB Bank Ltd reported a net profit of ₹184 crore for the September quarter, marking an 18.3% year-on-year increase from ₹155 crore, supported by higher interest income and controlled expense growth.

Net interest income (NII) rose 17.1% year-on-year to ₹596 crore from ₹509 crore, supported by improved net interest margins and a reduction in cost of deposits and borrowings. The bank’s net interest margin (NIM) for the quarter stood at 3.23%, up from 3.20% a year ago.

Asset quality showed marginal improvement. Gross non-performing assets (NPA) declined to 2.91% from 2.98% in the previous quarter, while net NPA eased to 1.21% from 1.22%.

DCB Bank’s total income for the quarter was ₹2,009 crore, up over 13% year-on-year. Deposits rose 19% to ₹64,777 crore, and advances grew 19% to ₹52,975 cr

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