Saturday, July 12, 2025

Dhanlaxmi Bank Q1 business up 16% YoY; gold loan portfolio grows 28%

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Dhanlaxmi Bank Ltd on Saturday reported a 15.8% year-on-year (YoY) rise in total business for the quarter ended June 2025, reaching ₹29,054 crore, supported by healthy growth in advances and deposits.Gross advances grew 17.3% YoY to ₹12,484 crore, up from ₹10,643 crore in Q1 FY25. Within this, the bank’s gold loan portfolio jumped 28.1% YoY to ₹4,039 crore — continuing to be a key growth driver.
Total deposits rose 14.7% YoY to ₹16,570 crore. Current and savings account (CASA) deposits increased marginally by 3.8% YoY to ₹4,675 crore, indicating a stable low-cost deposit base.
The Thrissur-headquartered private lender stated that these provisional figures are subject to audit review.Also Read: IndusInd Bank Q1 Update: Net advances decline 4%, deposits slightly lower

Dhanlaxmi Bank has been focusing on growing its secured lending book while maintaining asset quality. The gold loan growth reflects sustained traction in rural and retail demand segments.

Shares of Dhanlaxmi Bank closed at ₹30.00 on the NSE on Friday, down 0.96%, ahead of the Q1 business update.

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