DCB Bank's shares experienced a 10% surge to Rs 121 on October 25 due to the announcement of strong Q2FY25 results.

The bank's net profit for the July-September quarter increased by 22.6% year-on-year, reaching Rs 155.5 crore. Additionally, net interest income grew by 7% year-on-year to Rs 509.2 crore.

DCB Bank also saw a slight improvement in its asset quality, with a decrease in net non-performing assets (NNPA) from 1.18% to 1.17% compared to the previous quarter. The gross non-performing assets (GNPA) ratio also declined from 3.33% in Q1FY25 to 3.29%. Managing Director and CEO Praveen Kutty attributed the bank's strong growth momentum in deposits and advances to enhanced analytics and customer engagement strategies. He expressed optimism for continued profitability improvements in the future.