Dhanlaxmi Bank shares jump over 3% today as Q1 business grows nearly 16% YoY
On Monday, 7th July, shares of Dhanlaxmi Bank rose 3.14% to ₹30.87 on the NSE during the session, following the release of its provisional business update for the quarter ended June 2025.
The Thrissur-based private sector lender reported a 15.8% year-on-year (YoY) increase in total business to ₹29,054 crore, driven by strong growth in both advances and deposits. Gross advances jumped 17.3% YoY to ₹12,484 crore, compared to ₹10,643 crore in the year-ago period.
A significant driver of growth was the bank's gold loan portfolio, which surged 28.1% YoY to ₹4,039 crore, reflecting continued demand in rural and retail segments. Deposits also grew steadily, up 14.7% YoY to ₹16,570 crore. Current and savings account (CASA) deposits rose modestly by 3.8% YoY to ₹4,675 crore, indicating stability in the low-cost deposit base.
The bank noted that these figures are provisional and subject to audit. Dhanlaxmi Bank has maintained its focus on secured lending and asset quality, with gold loans remaining a key contributor to its business growth.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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