Dhanlaxmi Bank has reported results for third quarter ended December 31, 2012.
The bank has reported a net profit of Rs 4.39 crore for the quarter ended December 31, 2012 as compared to a net loss of Rs 36.87 crore for the same quarter in the previous year. However, total income of the bank has decreased by 9.91% at Rs 352.11 crore for quarter under review as compared to Rs 390.85 crore for the quarter ended December 31, 2011.
The bank’s gross NPA for the December 31, 2012 quarter of the current fiscal stood at 4.19%, higher as compared to 0.77% in the same quarter of the previous year. Besides, bank’s Net NPA remained higher at 2.93% in the quarter under review as against 0.35% in Q3FY12.
