Dhanlaxmi Bank has recorded an annual net profit of ₹66.64 crore in FY 2024-25 against ₹57.82 crore in FY 2023-24. The standalone net profit for the Q4 of FY 2024-25 was ₹28.98 crore against the net profit of ₹3.31 crore for the same period of last financial year, according to a press release from the bank.
Total business reached ₹28,219 crore as on March 31, 2025 from ₹24,687 crore as on March 31, 2024, recording 14.31% growth. Bank’s total deposits reached ₹16,013 crore as on March 31, 2025 from ₹14,290 crore as on March 31 2024, recording 12.06% growth.
CASA deposits reached ₹4,647 crore as on March 31, 2025 from ₹4,381 crore as on March 31, 2024. Retail term deposits reached ₹8,288 crore as on March 31, 2025 from ₹7,190 crore as on March 31, 2024, recording 15.27% growth, the press release added.
Commenting on the financial results and performance, Ajith Kumar K. K., Managing Director and CEO of the bank, said, “The financial results are very positive, and the bank is on the path of progress with the support of all its stakeholders. With the whole hearted support of our shareholders, the bank successfully completed its capital augmentation in the last quarter, which will be a game changer for our future growth.”
Published – May 11, 2025 09:11 pm IST
