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Informist, Wednesday, Jul. 29, 2026

 

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--[I] Dhanlaxmi Bank Apr-Jun net profit INR 249.10 mln 
--[I] Dhanlaxmi Bank Apr-Jun total income INR 4.84 bln 
--[I] Dhanlaxmi Bank Apr-Jun net profit INR 249.10 mln vs INR 121.80 mln year ago 
--[I] Dhanlaxmi Bank Apr-Jun total income INR 4.84 bln vs INR 4.07 bln year ago 
--[I] Dhanlaxmi Bank Apr-Jun provisions INR 159.10 mln vs INR 211.00 mln yr ago 
--[I] Dhanlaxmi Bank gross NPA ratio 1.82% on Jun 30 vs 1.89% qtr ago 
--[I] Dhanlaxmi Bank net NPA ratio 0.47% on Jun 30 vs 0.51% qtr ago 
--[I] Dhanlaxmi Bank basel III capital adequacy ratio 19.19% on Jun 30 
--[I] Dhanlaxmi Bank provision coverage ratio at 92.77% on Jun 30 

 

By Janwee Prajapati

 

MUMBAI – Dhanlaxmi Bank Ltd. reported an on-year jump in its bottom line for the June quarter despite an increase in its total expenses, as the bank's provisions fell on year. The rise in total income outpaced that in total expenses, which also supported the bottom line growth for the lender.

 

The lender reported a net profit of INR 249 million for the June quarter, a whopping 105% on-year rise from INR 122 million in the year-ago quarter. Provisions of the bank fell 25% on year to INR 159.1 million in the quarter. Shares of the bank tanked over 6?ter the earnings were announced and were at INR 32.03 on the National Stock Exchange at 1343 IST.  

 

The total income for the bank was up nearly 19% on year at INR 4.84 billion, against INR 4.07 billion in the year-ago quarter. Income from interest was the largest contributor to the top line, rising 22% on year to INR 4.49 billion in the reporting quarter.

 

Total expenses were up 15.79% on year at INR 4.33 billion, against INR 3.74 billion in the year-ago quarter. All the components of total expenses were up on year, with interest expenditure rising the most at INR 2.72 billion, up 19% on year. Operating expenses were up almost 11% on year at INR 1.61 billion in the June quarter, against INR 1.45 billion in the year-ago quarter.

 

Employee costs and other operating expenses also reported a similar on-year rise. The bank also reported INR 106.3 million in tax expenses for the quarter, against no tax expenses in the year-ago quarter, but down 70% from INR 354.7 million a quarter ago. 

 

Provisions were down as the lender's asset quality improved. The bank reported a gross non-performing asset ratio of 1.82% as of Jun. 30, down from 1.89% a quarter ago. The net non-performing asset ratio fell to 0.47% as on Jun. 30 from 0.51% a quarter ago. The bank's provision coverage ratio stood at 92.77% as on Jun. 30. The Basel III capital adequacy ratio for the bank was at 19.19% on Jun 30.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

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