DCB Bank's Profit Soars 16% in Q4 FY26

DCB Bank, a prominent private sector lender, announced on Friday a significant 16% increase in net profit, reaching Rs 206 crore for the fourth quarter of the fiscal year 2025-26. In the corresponding period last year, net profit stood at Rs 177 crore.

Total income for the bank rose to Rs 2,119 crore in the January-March timeframe, compared to Rs 1,961 crore during the same interval last year, as detailed in the bank's stock exchange filing. Interest income surged to Rs 1,907 crore from last year's Rs 1,742 crore. Additionally, the gross non-performing assets declined to 2.45%, a drop from 2.99% in the preceding year.

Looking forward, DCB Bank's board of directors endorsed a dividend of Rs 1.45 per equity share, contingent upon shareholder approval at the upcoming annual general meeting. Furthermore, the board sanctioned plans to generate Rs 2,000 crore through a combination of equity and debt, alongside authorizing a potential Rs 1,500 crore through qualified institutional placements. A proposal for Rs 500 crore in Basel III compliant Tier II bonds was also approved.

(With inputs from agencies.)