Dhanlaxmi Bank posts 20% growth in net profit in Q3 FY26

Dhanlaxmi Bank posts 20% growth in net profit in Q3 FY26

Thrissur-based Dhanlaxmi Bank has registered a 20 per cent growth in its net profit at ₹23.88 crore in the third quarter of FY26, against ₹19.85 crore in the corresponding period of the previous fiscal.

Operating profit in the third quarter of the current fiscal stood at ₹41.14 crore, against ₹26.58 crore in the corresponding period of the previous fiscal.

During the first nine months, the bank posted a net profit of ₹59.26 crore, against ₹37.66 crore for the same period last fiscal. Operating profit for the period stood at ₹102.61 crore, against ₹56.42 crore for the same period last fiscal.

Ajith Kumar KK, Managing Director and CEO, said, “The bank maintained its positive momentum during the third quarter and recorded steady growth across all key business parameters in addition to improved operational performance. The continued expansion of deposits and advances reflects the confidence of our customers as well as the successful execution of the bank’s focused and disciplined growth strategy.”

Total revenue reached ₹31,929 crore as on December 31, 2025, against ₹26,443 crore as on December 31, 2024, registering a growth of 21 percent. Total deposits reached ₹17,839 crore, compared to ₹15,068 crore as on December 31, 2024, registering a growth of 18.39 percent. CASA deposits reached ₹5,018 crore as on December 31, 2025, against ₹4,602 crore as on December 31, 2024, registering a growth of 9 per cent.

Asset quality improved with gross NPA declining by 117 basis points to 2.36 percent. The provision coverage ratio is 86.08 percent as of December 31, 2025, a press release said.

Published on January 22, 2026

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