Latest news with #DhanlaxmiBank
Business Standard
22-07-2025
- Business
- Business Standard
Dhanlaxmi Bank gains on reporting turnaround PAT of Rs 12 crore in Q1
Dhanlaxmi Bank advanced 3.49% to Rs 30.25 after the bank reported a standalone net profit of Rs 12.18 crore in Q1 FY26 as against a net loss of Rs 8 crore posted in Q1 FY25. Total income jumped 20.45% year on year to Rs 407.06 crore in the quarter ended 30 June 2025. The bank reported a profit despite higher provisions and contingencies of Rs 21 crore, compared with Rs 4.7 crore in the year-ago period, as per the exchange filing. On the segmental front, revenue from treasury stood at Rs 76.38 crore (up 27.28% YoY), revenue from retail banking stood at Rs 218.58 crore (up 17.04% YoY), revenue from corporate and wholesale banking stood at Rs 109.28 crore (up 22.29% YoY), and revenue from other banking operations stood at Rs 2.82 crore (up 55.8% YoY) during the quarter. On the asset quality front, the ratio of gross NPAs to gross advances stood at 3.22% as of 30 June 2025, as against 2.98% as of 31 March 2025 and 4.04% as of 30 June 2024. The ratio of net NPAs stood at 1.13% as of 30 June 2025, as against 0.99% as of 31 March 2025 and 1.26% as of 30 June 2024. The bank's gross non-performing assets (NPAs) stood at Rs 401.95 crore as of 30 June 2025, as against Rs 364.11 crore as of 31 March 2025 and Rs 430.16 crore as of 30 June 2024. Meanwhile, the net non-performing assets (NPAs) stood at Rs 138.62 crore as of 30 June 2025, compared with Rs 117.94 crore as of 31 March 2025 and Rs 130.61 crore as of 30 June 2024. As of 30 June 2025, the provision coverage ratio (PCR), including technical write-offs, is 87.31%. The capital adequacy ratio under Basel III stood at 18.26% in Q1 FY26, compared with 16.12% in Q4 FY25 and 13.37% in Q1 FY25. Dhanlaxmi Bank is in the business of providing banking services.
Business Standard
22-07-2025
- Business
- Business Standard
Dhanlaxmi Bank reports standalone net profit of Rs 12.18 crore in the June 2025 quarter
Total Operating Income rise 20.25% to Rs 367.76 croreNet profit of Dhanlaxmi Bank reported to Rs 12.18 crore in the quarter ended June 2025 as against net loss of Rs 8.00 crore during the previous quarter ended June 2024. Total Operating Income rose 20.25% to Rs 367.76 crore in the quarter ended June 2025 as against Rs 305.84 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% Operating Income367.76305.84 20 OPM %54.8054.23 -PBDT12.18-8.00 LP PBT12.18-8.00 LP NP12.18-8.00 LP Powered by Capital Market - Live News
Time of India
21-07-2025
- Business
- Time of India
Dhanlaxmi Bank Q1 profit at Rs 12 crore despite higher provisions
Dhanlaxmi Bank reported a Rs 12.18 crore profit in the first quarter of this fiscal as compared with a Rs 8 crore loss in the year ago period. The bank had made a net profit of Rs 27.18 crore in the last quarter of FY25. It made a profit despite higher provisions and contingencies of Rs 21 crore against Rs 4.7 crore earlier, the bank's statement filed with the exchanges showed. Explore courses from Top Institutes in Select a Course Category MBA MCA others Finance Project Management Degree Data Science healthcare CXO Data Analytics Others Digital Marketing PGDM Artificial Intelligence Design Thinking Healthcare Product Management Leadership Management Public Policy Data Science Operations Management Cybersecurity Technology Skills you'll gain: Financial Management Team Leadership & Collaboration Financial Reporting & Analysis Advocacy Strategies for Leadership Duration: 18 Months UMass Global Master of Business Administration (MBA) Starts on May 13, 2024 Get Details Skills you'll gain: Analytical Skills Financial Literacy Leadership and Management Skills Strategic Thinking Duration: 24 Months Vellore Institute of Technology VIT Online MBA Starts on Aug 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Had Cars On Finance & Over 50? You Need To Check This Out Refundo Learn More Undo It showed improvement in asset quality with gross non-performing assets falling to 3.22% at the end of June from 4.04% a year back. The Kerala-headquartered lender's operating profit was at Rs 33.28 crore against Rs 3.29 crore loss in the year ago quarter and Rs 38.68 crore in three-month period ending March 31, 2025. Total income stood higher at Rs 407 crore as compared with Rs 338 crore in the corresponding quarter last year. Live Events
Mint
21-07-2025
- Business
- Mint
Q1 Results 2025 Today LIVE Updates: IDBI Bank, UCO Bank, PNB Housing Finance among BFSI companies to post earnings today
Banks Q1 Results LIVE Updates: A slew of banking and financial services companies will announce their Q1 results today, 21 July 2025. Among the banks that will declare June quarter earnings today include IDBI Bank, UCO Bank and Dhanlaxmi Bank. Meanwhile, two prominent Non Banking Financial Companies (NBFC) will also announce their Q1 results today. These are PNB Housing Finance and Paisalo Digital. Follow updates here: 21 Jul 2025, 12:35 PM IST Dhanlaxmi Bank, IDBI Bank, Paisalo Digital, PNB Housing Finance, and UCO Bank among top bank and financial stocks that are slated to post the Q1 results today.
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Business Standard
07-07-2025
- Business
- Business Standard
Dhanlaxmi bank shares climb 5% as Q1 deposits grow 14% YoY
As of June 30, 2025, the bank's total business stood at ₹29,054 crore, reflecting a rise of 15.8 per cent from ₹25,084 crore recorded in the corresponding quarter of the previous fiscal. SI Reporter New delhi Listen to This Article Dhanlaxmi Bank shares witnessed a robust surge of over 5 per cent, recording an intraday high of ₹31.64 on Monday after the company announced its June quarter (Q1FY26) update. The private bank recorded a 14.7 per cent year-on-year (Y-o-Y) rise in deposit levels to ₹16,570 crore in Q1. At 01:40 PM, Dhanlaxmi Bank shares were trading at ₹30.72, up by 2.57 per cent on the National Stock Exchange. In comparison, the Nifty50 was trading marginally down, quoting 25,450.90. On year-to-date (YTD) basis, the shares of the private bank have experienced a minor decline of 4.1 per cent on the NSE. Dhanlaxmi Bank Q1 Update The CASA (Current Account Savings Account) balances showed a moderate increase of 3.8 per cent to ₹4,675 crore from ₹4,504 crore recorded in the corresponding quarter of the previous fiscal. Gross advances increased to ₹12,484 crore, marking an increase of 17.3 per cent from ₹10,643 crore recorded in the same period of FY25. Meanwhile, the gold loan segment witnessed a strong Y-o-Y growth of 28.1 per cent to ₹4,039 crore from ₹3,153 crore. As of June 30, 2025, the bank's total business stood at ₹29,054 crore, reflecting a rise of 15.8 per cent from ₹25,084 crore recorded in the corresponding quarter of the previous fiscal. Track Stock Market LIVE Updates About Dhanlaxmi Bank The private bank, headquartered in Thrissur, Kerala, was incorporated on November 16, 1927. The bank has a robust presence across the country with 261 Branches and 282 ATMs. Dhanlaxmi Bank was founded by a group of enterprising entrepreneurs (GEE) at Thrissur. It became a Scheduled Commercial Bank in 1977. In 1993, the bank obtained a restricted foreign exchange licence for rupee accounts of non-residents. DBL also ventured into new areas such as consumer banking, corporate banking and merchant banking. In March 1996, the private bank launched a public issue of 80 lakh equity shares of ₹10 each for cash at a premium of ₹40 per share, aggregating ₹40 crore.
