Dhanlaxmi Bank has reported results for second quarter ended September 30, 2020.
The Bank has reported 36.52% fall in its net profit at Rs 14.01 crore for the quarter under review as compared to net profit of Rs 22.07 crore for the same quarter in the previous year. Total income of the Bank decreased by 4.20% at Rs 265.22 crore for Q2FY21 as compared Rs 276.85 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the July-September quarter of the current fiscal improved to 6.36%, as compared to 7.06% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 1.66% in Q2FY21.
