Dhanlaxmi Bank Reports Rs 8 Crore Loss

Dhanlaxmi Bank Reports Rs 8 Crore Loss

Dhanlaxmi Bank reported an Rs 8 crore loss for Q1 FY25, a reversal from the Rs 28 crore profit in Q1 FY24. Total income fell to Rs 338 crore from Rs 341 crore. Interest income increased to Rs 306 crore. Gross NPAs decreased to 4.04%, while net NPAs rose to 1.26%. Investors should note the decline in profitability despite reduced gross NPAs.

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