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DCB Bank Ltd Q2FY24; 13% rise in Profits

DCB Bank Limited is a new generation private sector bank with 352 branches across 19 states and 3 union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India.

Financial Results:

DCB Bank Ltd reported Revenues for Q2FY24 of ₹1,306.00 Crores up from ₹1,000.00 Crore year on year, a rise of 30.6%.

Total Expenses for Q2FY24 of ₹1,242.00 Crores up from ₹948.00 Crores year on year, a rise of 31.01%.

Consolidated Net Profit of ₹127.00 Crores up 13.39% from ₹112.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.06, up 12.47% from ₹3.61 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Banking
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