Dhanlaxmi Bank Limited - Business Updates for the Quarter ended March 31, 2024

Dhanlaxmi Bank Limited has reported business for the Quarter ended March 31, 2024.

Total Business increased 6.30% YoY to Rs. 24668 crores as of March 31, 2024 vs Rs. 24654 crores as of December 31, 2023 and Rs. 23205 crores as of March 31, 2023.

Total Deposits were at Rs. 14259 crores as of March 31, 2024 as against Rs. 14340 crores as of December 31, 2023 and Rs. 13351 crores as of March 31, 2023.

CASA was up 2.84% YoY at Rs. 4381 crores as of March 31, 2024 as compared to Rs. 4460 crores as of December 31, 2023 and Rs. 4260 crores as of March 31, 2023.

Gross Advances stood at Rs. 10409 crores as of March 31, 2024 vs Rs. 10314 crores as of December 31, 2023 and Rs. 9854 crores as of March 31, 2023.

Gold Loans increased 24.83% YoY to Rs. 2839 crores as of March 31, 2024 as against Rs. 2675 crores as of December 31, 2023 and Rs. 2274 crores as of March 31, 2023.

Shares of Dhanlaxmi Bank Limited was last trading in BSE at Rs. 47.99 as compared to the previous close of Rs. 49.25. The total number of shares traded during the day was 212936 in over 901 trades.

The stock hit an intraday high of Rs. 50.00 and intraday low of 46.79. The net turnover during the day was Rs. 10254941.00.

Source : Equity Bulls

Keywords

DhanlaxmiBank INE680A01011 BusinessUpdate Q4FY2024