Private sector DCB Bank on Saturday posted a 24.4 per cent rise in net profit at Rs 91.41 crore for the quarter ended September 30, 2019.
Its net profit stood at Rs 73.44 crore in the same period a year ago, DCB Bank said in a filing to the BSE.
Total income in the July-September period increased to Rs 980.59 crore, over Rs 809.15 crore a year ago.
DCB Bank Managing Director and CEO Murali M Natrajan said, "Our deposit profile shows steady growth in small ticket retail segment. The bank's NIM (net interest margin) is stable. The current level of economic activity poses a challenge, both for growth opportunities as well as NPA (non-performing asset)."