Dhanlaxmi Bank reports net loss of Rs 44.99 crore in Q1

Dhanlaxmi Bank Ltd. | Bank - Private | BFSI | BSE: 532180 | NSE: DHANBANK

07 Aug 2018 Evaluate

Dhanlaxmi Bank has reported results for first quarter ended June 30, 2018.

The Bank has reported net loss of Rs 44.99 crore for the quarter under review as against net profit of Rs 7.97 crore for the same quarter in the previous year. Total income of the Bank decreased by 10.75% at Rs 256.36 crore for Q1FY19 as compared Rs 287.25 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 8.94%, as compared to 5.62% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 3.79% in Q1FY19.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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