Dhanlaxmi Bank has reported results for first quarter ended June 30, 2021.
The bank has reported 11.49% rise in its net profit of Rs 6.79 crore for the quarter under review as against net profit of Rs 6.09 crore for the same quarter in the previous year. However, total income of the bank decreased 14.21% at Rs 239.02 crore for Q1FY22 as compared Rs 278.62 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the April- June quarter of the current fiscal increased to 9.27%, as compared to 6.89% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 4.58% in Q1FY22.
