Latest news with #DhanlaxmiBank
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Business Standard
07-07-2025
- Business
- Business Standard
Dhanlaxmi bank shares climb 5% as Q1 deposits grow 14% YoY
As of June 30, 2025, the bank's total business stood at ₹29,054 crore, reflecting a rise of 15.8 per cent from ₹25,084 crore recorded in the corresponding quarter of the previous fiscal. SI Reporter New delhi Listen to This Article Dhanlaxmi Bank shares witnessed a robust surge of over 5 per cent, recording an intraday high of ₹31.64 on Monday after the company announced its June quarter (Q1FY26) update. The private bank recorded a 14.7 per cent year-on-year (Y-o-Y) rise in deposit levels to ₹16,570 crore in Q1. At 01:40 PM, Dhanlaxmi Bank shares were trading at ₹30.72, up by 2.57 per cent on the National Stock Exchange. In comparison, the Nifty50 was trading marginally down, quoting 25,450.90. On year-to-date (YTD) basis, the shares of the private bank have experienced a minor decline of 4.1 per cent on the NSE. Dhanlaxmi Bank Q1 Update The CASA (Current Account Savings Account) balances showed a moderate increase of 3.8 per cent to ₹4,675 crore from ₹4,504 crore recorded in the corresponding quarter of the previous fiscal. Gross advances increased to ₹12,484 crore, marking an increase of 17.3 per cent from ₹10,643 crore recorded in the same period of FY25. Meanwhile, the gold loan segment witnessed a strong Y-o-Y growth of 28.1 per cent to ₹4,039 crore from ₹3,153 crore. As of June 30, 2025, the bank's total business stood at ₹29,054 crore, reflecting a rise of 15.8 per cent from ₹25,084 crore recorded in the corresponding quarter of the previous fiscal. Track Stock Market LIVE Updates About Dhanlaxmi Bank The private bank, headquartered in Thrissur, Kerala, was incorporated on November 16, 1927. The bank has a robust presence across the country with 261 Branches and 282 ATMs. Dhanlaxmi Bank was founded by a group of enterprising entrepreneurs (GEE) at Thrissur. It became a Scheduled Commercial Bank in 1977. In 1993, the bank obtained a restricted foreign exchange licence for rupee accounts of non-residents. DBL also ventured into new areas such as consumer banking, corporate banking and merchant banking. In March 1996, the private bank launched a public issue of 80 lakh equity shares of ₹10 each for cash at a premium of ₹40 per share, aggregating ₹40 crore.
Business Standard
07-07-2025
- Business
- Business Standard
Dhanlaxmi Bank gains as gross advances rises 17% YoY in Q1 FY26
Dhanlaxmi Bank rose 3.57% to Rs 31.03 after the bank's gross advances grew 17.3% to Rs 12,484 crore as of 30 June 2025 from Rs 10,643 crore as of 30 June 2024. The private lender reported 14.7% growth in total deposits to Rs 16,570 crore in Q1 FY26 as against Rs 14,441 crore recorded in Q1 FY25. Total business stood at Rs 29,054 crore as of 30 June 2025, registering a growth of 15.8% YoY. CASA as of 30 June 2025 was at Rs 4,675 crore (up 3.8% YoY). The gold loan came in at Rs 4,039 crore during the period under review, rising 28.1% YoY. Dhanlakshmi Bank's services in personal banking are savings accounts, current accounts, term deposits, personal loans, car loans, home loans, business loans, loans against property, credit cards, debit cards, internet banking, and mobile banking services. The banks standalone net profit surged 775.5% to Rs 28.98 crore on a 13.4% increase in total income to Rs 393.71 crore in Q4 FY25 over Q4 FY24.
Business Upturn
07-07-2025
- Business
- Business Upturn
Dhanlaxmi Bank shares jump over 3% today as Q1 business grows nearly 16% YoY
By Aditya Bhagchandani Published on July 7, 2025, 09:17 IST On Monday, 7th July, shares of Dhanlaxmi Bank rose 3.14% to ₹30.87 on the NSE during the session, following the release of its provisional business update for the quarter ended June 2025. The Thrissur-based private sector lender reported a 15.8% year-on-year (YoY) increase in total business to ₹29,054 crore, driven by strong growth in both advances and deposits. Gross advances jumped 17.3% YoY to ₹12,484 crore, compared to ₹10,643 crore in the year-ago period. A significant driver of growth was the bank's gold loan portfolio, which surged 28.1% YoY to ₹4,039 crore, reflecting continued demand in rural and retail segments. Deposits also grew steadily, up 14.7% YoY to ₹16,570 crore. Current and savings account (CASA) deposits rose modestly by 3.8% YoY to ₹4,675 crore, indicating stability in the low-cost deposit base. The bank noted that these figures are provisional and subject to audit. Dhanlaxmi Bank has maintained its focus on secured lending and asset quality, with gold loans remaining a key contributor to its business growth. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Standard
05-07-2025
- Business
- Business Standard
Dhanlaxmi Bank gross advances rises 17% YoY in Q1 FY26
Dhanlaxmi Bank's gross advances grew 17.3% to Rs 12,484 crore as of 30 June 2025 from Rs 10,643 crore as of 30 June 2024. The private lender reported 14.7% growth in total deposits to Rs 16,570 crore in Q1 FY26 as against Rs 14,441 crore recorded in Q1 FY25. Total business stood at Rs 29,054 crore as of 30 June 2025, registering a growth of 15.8% YoY. CASA as of 30 June 2025 was at Rs 4,675 crore (up 3.8% YoY). The gold loan came in at Rs 4,039 crore during the period under review, rising 28.1% YoY. Dhanlakshmi Bank's services in personal banking are savings accounts, current accounts, term deposits, personal loans, car loans, home loans, business loans, loans against property, credit cards, debit cards, internet banking, and mobile banking services. The banks standalone net profit surged 775.5% to Rs 28.98 crore on a 13.4% increase in total income to Rs 393.71 crore in Q4 FY25 over Q4 FY24. The scrip shed 0.96% to settle at Rs 29.96 on Friday, 4 July 2025.
Time of India
09-05-2025
- Business
- Time of India
Dhanlaxmi Bank Q4 Results: Profit surges 9x to Rs 29 crore despite provisions
Dhanlaxmi Bank has reported a near nine-fold jump in net profit for the fourth quarter at Rs 29 crore as compared with Rs 3.3 crore in the year ago period, despite making higher provisions. Its operating profit stood at Rs 38.7 crore against a loss of Rs 17.7 crore in the year ago period. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks The bank set aside Rs Rs 11.5 crore as provisions and contingencies as compared with a provision write-back of Rs 28.2 crore earlier. Its gross non-performing assets ratio fell to 2.98% at the end of March from 4.05% a year back. Net NPA stood at 0.99% against 1.25%.
