Private sector
lender Dhanlaxmi Bank Friday reported a net profit of Rs 16.90
crore for the third quarter ended December 2018.
The bank had posted a
loss of Rs 21.74 crore in the corresponding period of the previous financial
year.
Total income rose to
Rs 272.16 crore during the quarter under review as against Rs 270.11 crore in
the year-ago period, it said in a regulatory filing.
Gross non-performing
assets (NPAs) rose to 8.11 per cent of the total advances, from 6.96 per cent
at the end of the third quarter of 2017-18.
However,
net NPAs declined to 2.93 per cent from 4.08 per cent a year ago.
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