Archive · 29 Jul 2026
Dhanlaxmi Bank Reports ₹24.91 Crore Net Profit in Q1 FY27
Dhanlaxmi Bank has reported a net profit of ₹24.91 crore for the first quarter of the financial year 2026-27.
This is a significant increase from the previous year's ₹12.18 crore.
The bank's total income for this quarter was ₹484.25 crore.
The bank earned ₹449.36 crore from interest and ₹34.89 crore from other sources.
Expenses for the quarter were ₹432.80 crore.
The bank's asset quality shows some concerns with gross non-performing assets (NPAs) at ₹286.57 crore, which is 1.82% of gross advances.
Net NPAs are ₹72.61 crore, or 0.47% of net advances.
The provision coverage ratio is 92.77%.
The bank's capital adequacy ratio is 19.19%, and the earnings per share is ₹0.63.
The return on assets is 0.45%.
Retail banking generated the highest revenue at ₹296.70 crore, followed by treasury and corporate/wholesale banking.
Dhanlaxmi Bank reported a net profit of ₹24.91 crore for Q1 FY27, up from ₹12.18 crore in the previous year.
Total income for the quarter was ₹484.25 crore, with interest earned at ₹449.36 crore and other income at ₹34.89 crore.
Total expenses for the quarter were ₹432.80 crore, including interest expended of ₹271.74 crore and operating expenses of ₹161.06 crore.
Gross NPAs stood at ₹286.57 crore (1.82% of gross advances), and net NPAs were ₹72.61 crore (0.47% of net advances).
The provision coverage ratio was 92.77%, and the capital adequacy ratio (Basel III) was 19.19%.
- Who
- Dhanlaxmi Bank
- What
- Reported a net profit of ₹24.91 crore for Q1 FY27
- When
- First quarter of the financial year 2026-27
- Where
- Mumbai
- Why
- Due to increased interest earned and other income, along with controlled expenses
Positive Financial Performance
Asset Quality Concerns
Profit Growth
Positive Financial Performance
The bank reported a significant increase in net profit, indicating strong financial performance.
Asset Quality Concerns
Despite the profit growth, the bank's asset quality remains a concern with notable NPA levels.
- Net Profit
- ₹24.91 crore
- Total Income
- ₹484.25 crore
- Interest Earned
- ₹449.36 crore
- Other Income
- ₹34.89 crore
- Total Expenses
- ₹432.80 crore
- Gross NPAs
- ₹286.57 crore (1.82% of gross advances)
- Net NPAs
- ₹72.61 crore (0.47% of net advances)
- Provision Coverage Ratio
- 92.77%
- Capital Adequacy Ratio (Basel III)
- 19.19%
- Earnings Per Share (EPS)
- ₹0.63
- Return on Assets (annualised)
- 0.45%