Dhanlaxmi Bank Q2 Net Profit More Than Doubles to Rs 48.55 Cr

New Delhi: Dhanlaxmi Bank on Monday reported more than a two-fold increase in net profit at Rs 48.55 crore in the second quarter of FY27.

The Kerala-based private sector bank had posted a net profit of Rs 23.20 crore in the July-September quarter of FY26.

Interest income of the bank increased 23 per cent to Rs 471 crore during the second quarter of FY27, from Rs 384 crore in the corresponding period of FY26.

Gross non-performing assets improved to 1.76 per cent of gross advances during the quarter under review, from 3.10 per cent in the year-ago period.

Shares of Dhanlaxmi Bank were trading at Rs 32.73 on BSE, down 8.40 per cent from the previous close.

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