Dhanlaxmi Bank has reported results for second quarter ended September 30, 2012.
The bank has reported a net loss of Rs 18.62 crore for the quarter ended September 30, 2012 as compared to a net profit of Rs 4.35 crore for the same quarter in the previous year. Total income has decreased by 18.19% at Rs 335.86 crore for quarter under review as compared to Rs 410.53 crore for the quarter ended September 30, 2011.
Gross non-performing assets (NPAs) of the bank have increased to 3.57% for the quarter as against 0.55% in the previous quarter. Net non-performing assets (NPAs) of the bank were at 2.50%, higher than 0.17% in the previous quarter.
