Development Credit Bank Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported interest earned of INR 2,294.091 million compared to INR 1,834.819 million a year ago. Operating profit before provisions and contingencies was INR 317.717 million compared to INR 225.091 million a year ago. Profit from ordinary activities before tax was INR 269.093 million compared to INR 156.410 million a year ago. Net profit for the period was INR 269.093 million compared to INR 156.410 million a year ago. Diluted EPS before and after extraordinary items was INR 1.10 compared to INR 0.78 a year ago. Return on assets was 1.14% compared to 0.77% a year ago. Operating income was INR 1,009 million compared with INR 854 million for the same period a year ago. Return on equity was 11.66% compared with 9.65% for the same period a year ago.

For the nine months, the company reported interest earned of INR 6,628.978 million compared to INR 5,236.501 million a year ago. Operating profit before provisions and contingencies was INR 831.014 million compared to INR 598.984 million a year ago. Profit from ordinary activities before tax was INR 679.513 million compared to INR 377.989 million a year ago. Net profit for the period was INR 679.513 million compared to INR 377.989 million a year ago. Diluted EPS before and after extraordinary items was INR 2.80 compared to INR 1.87 a year ago. Return on assets was 0.99% compared to 0.64% a year ago.