Dhanlaxmi Bank Q1 profit at Rs 3.58 cr
Dhanlaxmi Bank today reported net profit of Rs 3.58 crore for the first quarter ended June 30.
By PTI |
NEW DELHI: Private sector Dhanlaxmi Bank today reported net profit of Rs 3.58 crore for the first quarter ended June 30.
The bank had registered a loss of Rs 11.8 crore during the same period of the previous fiscal.
Total income of the bank also declined to Rs 338.32 crore from Rs 365.08 crore, Dhanlaxmi Bank said in a filing to the BSE.
As of June 30, the bank's portfolio quality deteriorated sharply with gross non-performing assets at 5.78 per cent of gross advances, compared with 1.39 per cent a year earlier.
Net non-performing assets declined to 4.10 per cent from 0.72 per cent.
The bank's capital adequacy ratio as of June 30 stood at 11.73 per cent.
The bank had registered a loss of Rs 11.8 crore during the same period of the previous fiscal.
Total income of the bank also declined to Rs 338.32 crore from Rs 365.08 crore, Dhanlaxmi Bank said in a filing to the BSE.
As of June 30, the bank's portfolio quality deteriorated sharply with gross non-performing assets at 5.78 per cent of gross advances, compared with 1.39 per cent a year earlier.
Net non-performing assets declined to 4.10 per cent from 0.72 per cent.
The bank's capital adequacy ratio as of June 30 stood at 11.73 per cent.
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