DCB Bank declares Q3FY22 result: The Bank's profit After Tax (PAT) was at INR 75 cr. in Q3 FY 2022. PAT for Q2 FY 2022 was INR 65 cr and for Q1 FY 2022 it was at INR 34 cr. After covid-19 second wave impact in Q1 FY 2022, PAT has been improving based on overall business and control over NPAs The Operating Profit for Q3 FY 2022 was INR 199 Cr., the Operating Profit for Q2 FY 2022 was INR 175 Cr. and Operating Profit for Q1 FY 2022 was INR 202 Cr. While Operating Income is improving, Cost increase due to branch expansion and headcount addition for stepping up growth has an impact on Operating Profit. Net Interest Income The Bank earned Net Interest Income of INR 345 Cr. in Q3 FY 2022 as against INR 323 Cr. for Q2 FY 2022 and INR 309 Cr. for Q1 FY 2022. In Q3 FY 2022, Net Interest Margin (NIM) was at 3.61%. In Q2 FY 2022, NIM was at 3.37% and 3.31% in Q1 FY 2022. In Q3 FY 2022, Non-Interest Income (Fee) was at INR 118 Cr. In Q2 FY 2022, Fee Income was at INR 98 Cr. and INR 121 Cr. in Q1 FY 2022. Core Fee Income (including PSLC) was at INR 89 Cr. in Q3 FY 2022. Similarly, in Q2 FY 2022, the same was at INR 83 Cr. and in Q1 FY 2022 it was INR 50 Cr. Cost Income Ratio (Cl) for Q3 FY 2022 was at 57.09%. The Cl ratio for Q2 FY 2022 was at 58.41% and in Q1 FY 2022 it was at 52.97%. As mentioned earlier, the Bank is consciously increasing its frontline headcount to step-up growth. As the Bank is predominantly in the small ticket secured Retail and SME/MSME business, headcount increase initially impacts Cl ratio in the near term. If the business volume increases as planned, then Cl ratio is expected to decline over time. Return on Equity (ROE) (Annualized) was at 8.28% in Q3 FY 2022. In Q2 FY 2022 it was at 7.28% and in Q1 FY 2022 3.79%. Capital Adequacy Capital Adequacy continues to be strong and as on December 31, 2021 the Capital Adequacy Ratio was at 18.21% (with Tier I at 15.10% and Tier II at 3.11% as per Basel {ll norms). Result PDF