DHANLAXMI BANK Q2 : STANDALONE NET PROFIT UP 109.3% AT ₹48.55 CR (YOY), UP 94.9% (QOQ). STRONG (ON 1ST LOOK)

Total income up 24.0% at ₹518.60 Cr (YOY), up 7.1% (QOQ). Operating profit up 147.7% at ₹69.82 Cr (YOY), up 35.7% (QOQ); operating margin 13.46% v 6.74% (YOY), 10.62% (QOQ). Gross NPA 1.76% v 3.10% (YOY); net NPA 0.45% v 1.12% (YOY); capital adequacy 18.86% v 17.81% (YOY).

Dhanlaxmi Bank Ltd

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