Dhanlaxmi Bank' Q3 profit five fold up at Rs 7.26 cr

Dhanlaxmi Bank on Friday reported an over five fold increase in its net profit to Rs 7.26 crore for the third quarter ended December 31, 2010.

MUMBAI: Dhanlaxmi Bank on Friday reported an over five fold increase in its net profit to Rs 7.26 crore for the third quarter ended December 31, 2010.

It had reported a net profit of Rs 1.32 crore in the year-ago period.

The bank's total income rose by 81 per cent to Rs 283.22 crore during October-December 2010 quarter from Rs 156.46 crore in the comparable period last year, the bank said in a BSE filing.

The private sector lender's shares closed at Rs 110.30, up 2.13 per cent from the previous close on the BSE.
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