Brief: Dhanlaxmi Bank March Quarter Profit Falls

Dhanlaxmi Bank

22/06/2020 07:32

June 22 (Reuters) - Dhanlaxmi Bank Ltd  DNBK.NS :
    * MARCH QUARTER NET PROFIT 26 MILLION RUPEES VERSUS 276.1
MILLION
RUPEES
    * MARCH QUARTER INTEREST EARNED 2.43 BILLION RUPEES VERSUS
2.42
BILLION RUPEES
    * MARCH QUARTER PROVISIONS 568.9 MILLION RUPEES VERSUS 162.7
MILLION RUPEES
    * MARCH QUARTER GROSS NPA 5.9% VERSUS 7.13% QUARTER AGO
    * MARCH QUARTER NET NPA 1.55% VERSUS 1.62% QUARTER AGO
    * PROVISION COVERAGE RATIO AS ON MARCH 31 IS 89.87%
    * DHANLAXMI BANK - MADE ADHOC PROVISION OF 39.4 MILLION
RUPEES FOR
QUARTER ENDED MARCH 31 TOWARDS SALARY REVISION DUE FROM NOV. 1,
2017
    * DHANLAXMI BANK - MADE 10% PROVISION OF OUTSTANDING
ADVANCES FOR
BORROWERS AS PER INDIA CENBANK GUIDELINES AMOUNTING TO 378.8
MILLION RUPEES IN QUARTER

Source text for Eikon:  ID: 
Further company coverage:  DNBK.NS 

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