Dhanlaxmi Bank has reported results for first quarter ended June 30, 2022.
The bank has reported net loss of Rs 26.43 crore for the quarter under review as compared to net profit of Rs 6.79 crore for the same quarter in the previous year. Total income of the bank decreased by 3.82% at Rs 236.82 crore in Q1FY23 as compared Rs 246.23 crore for the corresponding quarter previous year.
The bank’s gross NPA for the April-June quarter of the current fiscal improved to 6.35%, as compared to 9.27% in the same quarter of the previous year. Its net NPA stood at 2.69% in Q1FY23.
