business

Dhanlaxmi Bank records ₹48.55 crore net profit in Q2 of FY27

Dhanlaxmi Bank records ₹48.55 crore net profit in Q2 of FY27

Operating profit for the period was ₹69.82 crore against profit of ₹28.19 crore for the same period of FY 2025-26

Dhanlaxmi Bank has recorded a net profit of ₹48.55 crore in Q2 of FY 2026-27, against the net profit of ₹23.20 crore for the corresponding period of the last financial year. Operating profit for the period was ₹69.82 crore against profit of ₹28.19 crore for the same period in FY 2025-26, according to a press release from the bank.

Total business of the bank reached ₹36,499 crore as on September 30, 2026 from ₹30,146 crore as on September 30, 2025, recording a 21.07% growth. Total deposits reached ₹20,551 crore as on September 30, 2026 from ₹17,105 crore as on June 30 2025, recording a 20.15% growth. CASA deposits reached ₹5,769 crore as on September 30, 2026 from ₹4,938 crore as on September 30, 2025, it added.

Commenting on the financial results and performance, Ajith Kumar K.K., Managing Director and CEO of the Bank said, “The financial result for the second quarter of FY 2026-27 reflects the bank’s robust growth across key financial and business parameters, reflecting the strength of our business strategy and our continued focus on sustainable growth.”

“As we continue our journey towards the Bank’s centenary, we remain committed in delivering greater value to our customers and stakeholders through innovative and responsible banking with exceptional service. We sincerely thank our customers, employees, shareholders and other stakeholders for their continued trust and support. We look forward to building on this positive momentum and creating sustainable value in the years ahead,” he said.

  • profit
  • crore
  • dhanlaxmi
  • bank
  • period

Summaries and tags are generated automatically. Stay informed with VidiaNews.

Related news

Exim Bank to commence a 200-acre textile and garment industrial hub for Weta, targeting 3,000 jobs – Mahama
business

Exim Bank to commence a 200-acre textile and garment industrial hub for Weta, targeting 3,000 jobs – Mahama

President John Dramani Mahama has announced plans to establish a light industrial area dedicated to textile and garment manufacturing at Weta in the Volta Region through the Ghana Export-Import Bank (Ghana EXIM Bank). The proposed Weta industrial area is expected to strengthen the Volta Region’s industrial base, particularly in textile and garment production, while creating employment opportunities for residents, CEO of the EXIM Bank, Sylvester Adinam Mensah, said in September during the 2026 yam festival of the chiefs and people of Asogli Traditional Area.

Read →
‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke
business

‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke

Santiago Peña’s links to Ueno Bank scrutinized after crisis led to his house arrest and froze millions of bank accounts Pedro Volpe had just woken up last Tuesday when he saw a message from a friend asking whether his bank account was down, too. It was a day after payday, and Volpe, 50, a writer and lawyer, opened his banking app and panicked: he could not even see his balance.

Read →
2027 Budget review: The ten-billion-dollar question for next Thursday
business

2027 Budget review: The ten-billion-dollar question for next Thursday

To ground it in hard data rather than political rhetoric, I am prefacing this analysis with a sobering twenty-five-year time series calculated by Professor Fred M Dzanku from Bank of Ghana records. And credit where it is due: the Ministry of Finance, Ghana and the Bank of Ghana delivered on macro stability and arrears.

Read →