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Informist, Tuesday, Apr. 28, 2026

 

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--Dhanlaxmi Bank Jan-Mar net profit INR 434.9 mln vs INR 289.8 mln year ago 
--Dhanlaxmi Bank Jan-Mar total income INR 5.12 bln vs INR 3.94 bln year ago 
--Dhanlaxmi Bank Jan-Mar provisions INR 347.1 mln vs INR 115.0 mln year ago 
--Dhanlaxmi Bank gross NPA ratio 1.89% on Mar 31 vs 2.36% qtr ago 
--Dhanlaxmi Bank net NPA ratio 0.51% on Mar 31 vs 1.11% qtr ago 
--Dhanlaxmi Bank Basel III capital adequacy ratio 18.92% on Mar 31 
--Dhanlaxmi Bank provision coverage ratio at 92.46% on Mar 31 
--Dhanlaxmi Bank FY26 PAT INR 1.03 bln vs INR 666.4 mln year ago 
--Dhanlaxmi Bank FY26 revenue INR 17.94 bln vs INR 14.89 bln year ago 
--Dhanlaxmi Bank FY26 total income INR 17.94 bln vs INR 14.89 bln year ago 

 

By Durgesh Nandan

 

MUMBAI – Dhanlaxmi Bank Ltd. reported substantial growth in its net profit for the March quarter on robust growth in total income and a sequential easing in expenses. The bank reported its highest rise in total income in 11 quarters. Tuesday, shares of the private-sector lender ended over 14% higher at INR 31.82 on the National Stock Exchange.

 

The bank's net profit rose to INR 434.9 million in the March quarter, up over 50% on year. Sequentially, the bank reported a substantial rise of over 82% in its bottom line. Its total income rose to INR 5.12 billion, up over 30% on year.

 

The private-sector bank's total expenditure rose to INR 3.99 billion, up over 12% on year. However, sequentially, it declined almost 4%, supporting the growth in profit for the quarter.

 

The interest earned by the bank increased to INR 4.43 billion, up over 26% on year and almost 9% on quarter. While healthy revenue boosted the bank's bottom line, the lender saw a large increase in provisions to INR 347.1 million, up threefold on year for the March quarter. The provision coverage ratio was 92.46% as of Mar. 31, including technical write-offs. The lender's Basel III capital adequacy ratio was 18.92% as on Mar. 31. Its gross non-performing asset ratio was 1.89% as on Mar. 31, down from 2.36% as on Dec. 31. The bank's net non-performing asset ratio was 0.51% as on Mar. 31, also down from 1.11% at the end of the trailing quarter.

 

The bank's net profit for the financial year 2025-26 (Apr-Mar) rose over 54% to INR 1.03 billion. For FY25, it had reported a net profit of INR 666.4 million. Its total income for FY26 was INR 17.94 billion, up from INR 14.89 billion a year ago.  End

 

Edited by Rajeev Pai

 

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