Dhanlaxmi Bank Q1 profit more than doubles on lower provisions

Dhanlaxmi Bank records ₹24.91 crore net profit in Q1 of FY 2026-27

Total business reached ₹35,190 crore as on June 30, 2026, from ₹29,051 crore as on June 30, 2025, recording 21.13 % growth.

Dhanlaxmi Bank Q1 profit more than doubles on lower provisions

Dhanlaxmi Bank reported a more than twofold rise in Q1 net profit to Rs 24.9 crore, driven by higher income and lower provisions. Asset quality improved with gross NPAs declining to 1.8%, while operating profit increased 55% year-on-year despite sequential moderation.

Dhanlaxmi Bank Q1 profit doubles to ₹24 crore

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