Dhanalakshmi Bank profit rises 109.3% to 48.55 crore rupees in second quarter
Key Facts
Dhanalakshmi Bank raised standalone net profit 109.3% year on year to 48.55 crore rupees in the second quarter of fiscal 2027, compared with 23.20 crore rupees in the same period a year earlier, according to results reported by Business Upturn. The bank’s board approved and adopted the results at a meeting held on October 26, 2026, according to Alpha Finder’s coverage. The figures show period profit more than doubling, alongside net interest income rising faster than operating expenses. Operating profit also rose sharply, while profit before tax posted a larger increase than net profit. Published comparisons indicate an improvement in quarterly indicators against the corresponding period of the previous fiscal year.
Net interest income was one of the main drivers of the result, rising 32.3% to 187.75 crore rupees in the second quarter of fiscal 2027 from 141.96 crore rupees a year earlier, according to the results table published by Business Upturn. This measure tracks the difference between the bank’s interest income and the interest it pays, and grew faster than interest earned, which increased 22.8% year on year. Operating expenses, by contrast, rose just 11.5%, according to the same source. This divergence puts growth in interest-related revenue alongside a slower increase in operating costs during the quarter. The comparison is consistent with higher operating profit, but does not break out the contribution of each item to the total increase.
Operating profit surged 147.7% to 69.82 crore rupees in the second quarter, compared with 28.19 crore rupees in the corresponding quarter of fiscal 2026, according to Business Upturn. The increase came alongside 32.3% growth in net interest income and a 37.3% rise in other income to 47.45 crore rupees from 34.55 crore rupees a year earlier. Profit before tax rose 176.4% to 64.13 crore rupees, compared with 23.20 crore rupees. These figures show an expansion in operating profit and pre-tax earnings during the period, alongside higher other income. Net profit reached 48.55 crore rupees after rising 109.3% year on year.
Second-quarter results show net interest income on a stronger growth trajectory than operating expenses: the former rose 32.3% to 187.75 crore rupees, against an 11.5% increase in expenses, according to Business Upturn. Interest earned also rose 22.8%, and other income increased 37.3% to 47.45 crore rupees from 34.55 crore rupees in the corresponding period. The performance of these items was reflected in a 147.7% increase in operating profit to 69.82 crore rupees from 28.19 crore rupees. Profit before tax rose 176.4% to 64.13 crore rupees from 23.20 crore rupees. Standalone net profit then increased 109.3% to 48.55 crore rupees from 23.20 crore rupees a year earlier.
Dhanalakshmi Bank’s board approved and adopted the results at its meeting on October 26, 2026, according to Alpha Finder’s coverage. The move places the approval date for the second-quarter results within the report’s announced timeline. Published comparisons show standalone net profit of 48.55 crore rupees against 23.20 crore rupees in the second quarter of fiscal 2026, and net interest income of 187.75 crore rupees against 141.96 crore rupees. The bank also recorded operating profit of 69.82 crore rupees, up from 28.19 crore rupees, and profit before tax of 64.13 crore rupees against 23.20 crore rupees. The available information does not include a specific date later on or guidance for the next quarter.