DCB Bank gains after Q1 PAT jumps 35% YoY to Rs 213 cr
Mumbai, July 27 -- Total income increased 6.39% YoY to Rs 2,180.64 crore in Q1 FY27 from Rs 2,049.69 crore in Q1 FY26.
Operating profit before provisions and contingencies rose 5.25% YoY to Rs 344.04 crore during the quarter. Meanwhile, provisions and contingencies (excluding tax) declined sharply by 50.43% YoY to Rs 57.07 crore, supporting the bank's bottom line.
Net interest income (NII) grew 4.43% YoY to Rs 684 crore in Q1 FY27. Net interest margin (NIM) improved to 3.35% from 3.20% in the year-ago quarter.
The bank's business growth remained healthy, with total deposits increasing 20.06% YoY to Rs 74,482 crore in Q1 FY27. Net advances climbed 17.06% YoY to Rs 59,951 crore in Q1 FY27.
The CASA ratio fell to 21.65% as on 30th June 2...
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