Dhanlaxmi Bank has reported results for the fourth quarter and year ended March 31, 2019.
The Bank has reported a net profit of Rs 27.61crore for the quarter ended March 31, 2019, against net loss of Rs 17.16 crore for the same quarter in the previous year. However, total income of the Bank decreased by 2.60% at Rs 268.97 crore for the quarter under review as compared Rs 276.14 crore for the quarter ended March 31, 2018.
For the year ended March 31, 2019, the Bank has posted a net profit of Rs 11.67 crore against net loss of Rs 24.87 crore for the same period in the previous year. However, total income of Bank decreased 8.21% at Rs 1,024.22 crore for year under review as compared to Rs 1,115.79 crore for the period ended March 31, 2018.
