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Dhanlaxmi Bank reports net loss of Rs 44.99 crore in Q1

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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Company Name CMP
HDFC Bank 736.00
ICICI Bank 1424.00
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