Dhanlaxmi Bank turns black in Q1

Dhanlaxmi Bank Ltd. | Bank - Private | BFSI | BSE: 532180 | NSE: DHANBANK

31 Jul 2023 Evaluate

Dhanlaxmi Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).

The bank has reported net profit of Rs 28.30 crore for the quarter under review as against net loss of Rs 26.43 crore for the same quarter in the previous year. Total income of the bank increased by 44.16% at Rs 341.40 crore for Q1FY24 as compared Rs 236.82 crore for the corresponding quarter previous year.

Dhanlaxmi Bank was incorporated in 1927 by group of entrepreneurs at Thrissur located in Kerala. Bank's focus has always been on customizing services and personalizing relations.

Peers

Company Name	CMP
HDFC Bank	729.45
ICICI Bank	1332.00
Axis Bank	1186.50
Kotak Mahindra Bank	405.30
Indusind Bank	920.20
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.