Dhanlaxmi Bank Reports 24% Growth in Gross Advances for Q4 FY26
Dhanlaxmi Bank Q4 gross advances climbs 24% YoY
Business Standard
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Dhanlaxmi Bank has recorded a 23.96% increase in gross advances, reaching ₹15,130 crore as of March 31, 2026. The bank's total deposits also grew by 16.42% to ₹18,643 crore, reflecting strong financial performance amid rising net profit and total income.
- 01Gross advances increased by 23.96% YoY to ₹15,130 crore.
- 02Total deposits rose by 16.42% YoY to ₹18,643 crore.
- 03Net profit for Q3 FY26 climbed 20.3% YoY to ₹23.88 crore.
- 04Total income surged 21.1% YoY to ₹456.31 crore.
- 05CASA deposits grew by 15.77% YoY to ₹5,380 crore.
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Dhanlaxmi Bank has reported a significant 23.96% increase in gross advances, totaling ₹15,130 crore as of March 31, 2026, compared to ₹12,206 crore the previous year. The bank's total deposits also saw a robust growth of 16.42%, reaching ₹18,643 crore. Additionally, CASA (Current Account Savings Account) deposits increased by 15.77% to ₹5,380 crore. In terms of profitability, the bank achieved a 20.3% rise in net profit, amounting to ₹23.88 crore for the third quarter of FY26, up from ₹19.85 crore in the same quarter of FY25. Total income for the bank jumped 21.1% year-on-year to ₹456.31 crore. Despite these positive results, Dhanlaxmi Bank's stock experienced a decline of 2.32%, closing at ₹21.94 on the Bombay Stock Exchange (BSE).
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The growth in gross advances and deposits indicates a strengthening financial position for Dhanlaxmi Bank, which could lead to better lending rates and services for customers.
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