Dhanlaxmi Bank Q1 profit doubles to Rs 24 cr

Dhanlaxmi Bank on Wednesday reported a doubling of net profit at Rs 24.91 crore for June quarter FY27. The Kerala-based bank had logged a profit of Rs 12.18 crore in April-June quarter of 2025-26 fiscal.

Total income rose to Rs 484.25 crore from Rs 407 crore in the corresponding quarter of FY26. Interest income increased to Rs 449 crore from Rs 368 crore.

Gross NPA as a percentage of gross advances improved to 1.82 per cent during Q1, from 3.22 per cent a year ago.

Shares of Dhanlaxmi Bank were down 5.01 per cent to Rs 32.44 apiece on the BSE.