Gross NPA was down at 7.47% versus 8.11%, while net NPA was down at 2.41% versus 2.93%, QoQ.
Moneycontrol News
@moneycontrolcom
Share price of Dhanlaxmi Bank rose more than 7 percent intraday Wednesday after company reported net profit in the fourth quarter ended March 2019 (Q4FY19).
The company has reported net profit at Rs 27.6 crore in Q4FY19 against loss of Rs 17.2 crore in a year ago period.
Net interest income of the company rose 1.5 percent at Rs 87 crore against Rs 86 crore.
Gross NPA was down at 7.47% versus 8.11%, while net NPA was down at 2.41% versus 2.93%, QoQ.
Provisions for the quarter was at Rs 16.3 crore against Rs 20.2 crore.
At 14:36 hrs Dhanlaxmi Bank was quoting at Rs 20.25, up Rs 0.55, or 2.79 percent on the BSE.First Published on May 8, 2019 02:43 pm
