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FINWIRES

DCB Bank's Net Profit Rises in Fiscal Q4

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DCB Bank (NSE:DCBBANK, BOM:532772) net profit rose to 2.06 billion Indian rupees in the fiscal fourth quarter from 1.77 billion rupees a year ago, according to an Indian bourse filing on Friday.

Earnings per share for the quarter ended March 31 climbed to 6.35 rupees from 5.60 rupees a year earlier.

Interests earned by the lender increased year on year to 19.1 billion rupees from 17.4 billion rupees, the filing said.

The company also recommended a dividend of 1.45 rupees per share for the financial year ended March 31.

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