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Dhanlaxmi Bank reports Rs8cr loss for first quarter

Bank earned interest income of Rs305.84cr for first quarter of 2024

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KOCHI:The Thrissur-headquartered Dhanlaxmi Bank, the smallest bank in Kerala, has reported a loss of Rs8 crore for the quarter ending June 30, 2024 (Q1-FY25).

The bank had reported a profit of Rs10.71 crore for the previous quarter and Rs30.30 crore for the same quarter a year ago.

Dhanlaxmi has earned an interest income of Rs305.84 crore for the first quarter of the current financial year compared with Rs289.14 crore the bank earned as interest income for the same quarter in the earlier year.

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