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Development Credit Bank net profit rises 97.40% in the March 2013 quarter

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Capital Market
Net profit of Development Credit Bank rose 97.40% to Rs 34.11 crore in the quarter ended March 2013 as against Rs 17.28 crore during the previous quarter ended March 2012. Total Operating Income rose 30.98% to Rs 253.21 crore in the quarter ended March 2013 as against Rs 193.32 crore during the previous quarter ended March 2012.

For the Audited full year,net profit rose 85.29% to Rs 102.06 crore in the year ended March 2013 as against Rs 55.08 crore during the previous year ended March 2012. Total Operating Income rose 27.77% to Rs 916.10 crore in the year ended March 2013 as against Rs 716.97 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales253.21193.32 31 916.10716.97 28 OPM %68.2264.92 5 67.3261.93 9 PBDT34.1417.31 97 102.0955.11 85 PBT34.1417.31 97 102.0955.11 85 NP34.1117.28 97 102.0655.08 85

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First Published: Apr 13 2013 | 9:42 AM IST

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