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Dhanlaxmi Bank slips after posting Q4 results-news31052012


Dhanlaxmi Bank dropped over 7% and touched day’s low of Rs51.05, after the bank announces Q4 results

    Dhanlaxmi Bank reported net loss at Rs86.51 crore in the quarter ended March 2012 as against net profit of Rs11.15 crore during the previous quarter ended March 2011.
    The total operating income of the bank surged by 17.40% to Rs347.70 crore in the quarter ended March 2012 as against Rs296.17 crore during the previous quarter ended March 2011.

For the Audited full year,

    The net loss of the of the bank at Rs115.63 crore in the year ended March 2012 as against net profit of Rs26.06 crore during the previous year ended March 2011.
    The total operating income of the bank advanced by 53.75% to Rs1393.66 crore in the year ended March 2012 as against Rs906.42 crore during the previous year ended March 2011.
....more info



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