Dhanlaxmi Bank reports profit of Rs27.6cr in Q4FY19

Provisions for the quarter came in at Rs16.3cr against Rs20.2cr.

May 08, 2019 09:05 IST India Infoline News Service

Dhanlaxmi bank
Dhanlaxmi Bank reported net profit of Rs27.6cr in Q4FY19 against loss of Rs17.16cr in a year ago period.

Net interest income of the bank rose 1.5% at Rs87cr against Rs86cr. Provisions for the quarter was at Rs16.3cr against Rs20.2cr.

Its gross NPA was down at 7.47% vs. 8.11%, while net NPA was down at 2.41% vs. 2.93% on qoq basis.

Dhanlaxmi Bank Ltd is currently trading at Rs19.80, up by Rs0.1 or 0.51% from its previous closing of Rs19.70 on the BSE. The scrip opened at Rs19.70 and has touched a high and low of Rs21.25 and Rs19.40 respectively.

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