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Dhanlaxmi Bank reports net loss of Rs 18.62 crore in Q2

16 Nov 2012 Evaluate

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.

Peers
Company Name CMP
HDFC Bank 735.10
ICICI Bank 1420.90
Axis Bank 1231.45
Kotak Mahindra Bank 458.45
Indusind Bank 862.00
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