Dhanlaxmi Bank reported a more than twofold rise in Q1 net profit to Rs 24.9 crore, driven by higher income and lower provisions. Asset quality improved with gross NPAs declining to 1.8%, while operating profit increased 55% year-on-year despite sequential moderation.
Dhanlaxmi Bank reported a more than twofold rise in Q1 net profit to Rs 24.9 crore, driven by higher income and lower provisions. Asset quality improved with gross NPAs declining to 1.8%, while operating profit increased 55% year-on-year despite sequential moderation.
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