Dhanlaxmi Bank Q1 results: Net profit rises 11.5%

Private sector lender Dhanlaxmi Bank on Wednesday reported nearly 11.5 per cent rise in its net profit to Rs 6.79 crore for the first quarter ended June 30, mainly on account of lower provisioning. The bank had posted a net profit of Rs 6.09 crore in the year-ago...

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Dhanlaxmi Bank to post a net profit of ₹19.84cr

The rise in operating profit and revenue from treasury have enabled Kerala-based Dhanlaxmi Bank to post a net profit of ₹19.84 crore in Q1 of FY20. The bank had reported a net loss of ₹44.99 crore in the corresponding period of the previous fiscal. T...

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Dhanlaxmi Bank reports profit in Q4FY19

Dhanlaxmi Bank reported net profit of Rs27.6cr in Q4FY19 against loss of Rs17.16cr in a year ago period. Net interest income of the bank rose 1.5% at Rs87cr against Rs86cr. Provisions for the quarter was at Rs16.3cr against Rs20.2cr. Its gross...

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2 more PSU banks out of RBI’s PCA watch; one private bank also finds its way out

The RBI Tuesday lifted lending curbs on two more public sector banks (PSBs), Allahabad Bank and Corporation Bank, by removing them from its weak-bank watch list. Private sector Dhanlaxmi Bank too has been taken out of the Prompt Corrective Action (PCA) Framework....

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Dhanlaxmi Bank Q3 result, Reports net profit

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. Also read- Q3FY19...

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Dhanlaxmi Bank Q2 profit doubles, asset quality improves

Dhanlaxmi Bank second quarter (July-September) profit doubled to Rs 12.1 crore against Rs 6.1 crore reported year-ago on provisions write-back. Net interest income during the quarter fell by 3.8 percent to Rs 87.4 crore YoY as advances degrew by...

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Dhanlaxmi Bank reports net loss in Q1 as bad loans rise

Private sector Dhanlaxmi Bank today reported a net loss of Rs 45 crore in the first quarter ended June 2018. The bank had registered a net profit of Rs 7.97 crore in the corresponding April-June quarter a year ago. The losses widened against preceding...

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Dhanlaxmi Bank Q4 result, posts profit of Rs9 crore

Private sector lender Dhanlaxmi Bank on Tuesday reported a profit of Rs9 crore for the March quarter of the last fiscal as it managed to rein in non-performing assets (NPAs). In comparison, the bank had registered a loss of Rs131.60 crore for the fourth quarter...

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