DCB Bank Q4 net profit rises 16% to Rs 206 crore

Private sector lender DCB Bank on Friday reported a 16 per cent increase in net profit to Rs 206 crore for the fourth quarter ended March 2026.

The bank had reported a net profit of Rs 177 crore in the year-ago period.

The total income rose to Rs 2,119 crore in the January-March quarter of the FY26 from Rs 1,961 crore in the year-ago period, DCB Bank said in a stock exchange filing.

During the quarter, its interest income climbed to Rs 1,907 crore from Rs 1,742 crore a year ago.

The bank's gross non-performing assets (NPA) moderated to 2.45 per cent in the quarter under review compared to 2.99 per cent in the year-ago period. The net NPA stood at 0.89 per cent in Q4 FY26 against 1.12 per cent in the year-ago period.

The lender's board of directors has recommended a dividend of Rs 1.45 per equity share.

This is subject to approval of the shareholders at the ensuing annual general meeting (AGM) and other requisite approvals, it said.

The board has also approved plans to raise up to Rs 2,000 crore through a mix of equity and debt.

In addition, it also approved a resolution proposing to raise up to Rs 1,500 crore by way of issue of equity shares or other securities convertible into equity shares through a qualified institutions placement.

The board also cleared a proposal to raise funds, as may be required by the bank from time to time, by way of issuances of debt securities, including unsecured redeemable non-convertible subordinated Basel III compliant Tier II bonds up to Rs 500 crore with green shoe option on a private placement basis in one or more tranches during the period of one year from the conclusion of the annual general meeting.