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Dhanlaxmi Bank turns black in Q1

17 Jul 2019 Evaluate

Dhanlaxmi Bank has reported results for first quarter ended June 30, 2019.

The Bank has reported net profit of Rs 19.84 crore for the quarter under review against net loss of Rs 44.99 crore for the same quarter in the previous year. Total income of the Bank increased by 0.15% at Rs 256.75 crore for Q1FY20 as compared Rs 256.36 crore for the corresponding quarter previous year. 

The Bank’s gross NPA for the April-June quarter of the current fiscal improved to 7.61%, as compared to 8.94% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 2.35% in Q1FY20.

Peers
Company Name CMP
HDFC Bank 736.00
ICICI Bank 1424.00
Axis Bank 1231.50
Kotak Mahindra Bank 459.00
Indusind Bank 862.10
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