Private sector DCB Bank has reported a rise of 21 per cent in its net profit at Rs 59 crore for the quarter ended September.
The bank had registered a net profit of Rs 48 crore in the July-September quarter of 2016-17.
Total income of the bank grew by 24 per cent to Rs 313 crore during the reported quarter, from Rs 252 crore in the year-ago period, the bank said in a statement.
Net interest income or the core income of the bank rose to Rs 248 crore in the second quarter of 2017-18 from Rs 190 crore in the year-ago period.
Net interest margin - the key gauge of profitability -- which is the difference between interest earned and interest expended, grew to 4.22 per cent from 3.96 per cent in the September quarter of 2016-17.
Also, bank's provisions for bad loans and contingencies rose by 14 per cent from a year ago to Rs 30 crore during the quarter, from Rs 27 crore a year ago.
On asset front, the gross non-performing assets (NPAs) of the banks as a percentage of gross advances as at end- September 2017 rose to 1.80 per cent from 1.75 per cent in the same period a year ago.
Net NPAs or bad loans also went up at 0.90 per cent against 0.84 per cent.
Bank's net advances as on September 30, 2017, were Rs 17,395 crore, up 20 per cent from Rs 14,436 crore as at end- September 2016.