Dhanlaxmi Bank Q1 FY27 business up 21% to ₹35,188 cr

Key numbers from the June 2026 quarter

Dhanlaxmi Bank reported a 21.12% year-on-year increase in total business to ₹35,188 crore for the quarter ended June 30, 2026. Total deposits rose 17.10% to ₹19,403 crore, while gross advances increased 26.47% to ₹15,785 crore. The bank also disclosed that gold loans surged 75.91% to ₹7,105 crore, making it a key driver of the overall expansion in advances. The update highlights a sharper acceleration in credit growth than deposit growth over the period. The bank’s base figures for the year-ago quarter were also provided, showing deposits at ₹16,570 crore and gross advances at ₹12,481 crore.

Total business expands as advances outpace deposits

The June 2026 quarter numbers show that Dhanlaxmi Bank’s advances grew faster than deposits, contributing materially to the 21.12% rise in total business. Total business stood at ₹35,188 crore as of June 30, 2026, based on the bank’s disclosure. Deposits at ₹19,403 crore were higher than the ₹16,570 crore reported in the same period last year. On the lending side, gross advances rose to ₹15,785 crore from ₹12,481 crore in the year-ago period. The stated year-on-year growth rates were 17.10% for deposits and 26.47% for gross advances. This gap indicates stronger expansion in the loan book relative to the deposit base during the quarter.

Gold loans emerge as the primary growth lever

A key detail in the business update was the sharp rise in gold loans. Dhanlaxmi Bank reported that gold loans jumped 75.91% year-on-year to ₹7,105 crore. The bank linked this expansion directly to the overall growth in advances for the quarter ended June 30, 2026. In earlier disclosures for comparable periods, gold loan growth had been significant but at a lower pace than the latest quarter, highlighting a step-up in this segment. Gold loans are included within the broader retail advance segment, which the bank has previously identified as a meaningful contributor to credit growth. With gold loans at ₹7,105 crore, the segment accounts for a sizable part of the reported gross advances of ₹15,785 crore.

Other disclosed business snapshots in the dataset

Alongside the June 2026 quarter update, the provided dataset includes additional business snapshots with different reference points. One such disclosure stated the bank “demonstrated strong growth across all segments,” with deposits rising 16.42% to ₹18,643 crore and advances rising 23.96% to ₹15,130 crore. Another snapshot noted total business at ₹29,054 crore with a 15.80% year-on-year increase, gross advances of ₹12,484 crore (up 17.30% year-on-year), and gold loans at ₹4,039 crore (up 28.10% year-on-year). These figures appear as separate reported updates in the material provided and help outline how the bank’s balance sheet has been trending across different periods referenced in the text.

Half-year FY26 update: profitability and balance-sheet growth

Dhanlaxmi Bank also declared financial results for the half-year ended September 30, 2025. For H1 FY 2025-26, the bank reported a net profit of ₹35.38 crore, compared with ₹17.81 crore in the same period of the previous financial year. Operating profit for the period was reported at ₹61.47 crore versus ₹29.84 crore in the comparable half-year, as per a bank press release cited in the dataset. On the balance sheet side, total business reached ₹30,146 crore as of September 30, 2025, up from ₹25,650 crore as of September 30, 2024, reflecting 17.53% growth. Total deposits reached ₹17,105 crore as of September 30, 2025, compared with ₹14,632 crore a year earlier, reflecting 16.90% growth. CASA deposits were reported at ₹4,938 crore versus ₹4,633 crore.

Market reaction cited in earlier updates

The dataset also includes instances of stock-price moves tied to the bank’s updates. In one report dated Thrissur, October 6, 2025, Dhanlaxmi Bank shares surged over 4% in early trade following a provisional business update that showed 17.53% year-on-year growth in total business to ₹30,147 crore for the half-year ended September 30, 2025. Another market update noted the stock climbed 3.3% to 30.92 rupees, alongside a mention that the lender said Q1 gross advances climbed 17.3% year-on-year and deposits rose 14.7% year-on-year. Separately, the dataset mentions the shares rose by 1% after the bank reported a quarterly profit turnaround to about ₹12 crore from a loss of ₹8 crore in the same period a year ago.

Quick comparison table: June 2026 vs June 2025

The following table summarises the key balance-sheet metrics explicitly stated for the quarter ended June 30, 2026 and the year-ago quarter values cited alongside them.

What the numbers indicate for investors tracking the bank

The June 2026 quarter update points to a faster expansion in credit relative to deposits, with gross advances up 26.47% year-on-year compared with 17.10% deposit growth. The bank’s disclosed gold loan book of ₹7,105 crore, up 75.91% year-on-year, stands out as a key swing factor behind the advance growth. In earlier periods cited in the dataset, the bank also reported growth in CASA balances, with CASA at ₹4,937 crore to ₹4,938 crore in the September 2025 half-year context. Profitability figures disclosed for H1 FY 2025-26 show net profit at ₹35.38 crore and operating profit at ₹61.47 crore, both higher than the comparable period last year. Another profitability datapoint in the dataset notes Q1 FY26 net profit at ₹12.18 crore versus a loss of ₹8.00 crore, and operating profit at ₹33.28 crore versus a loss of ₹3.29 crore.

Conclusion

Dhanlaxmi Bank’s quarter ended June 30, 2026 update showed total business of ₹35,188 crore, with deposits of ₹19,403 crore and gross advances of ₹15,785 crore. The bank highlighted gold loans of ₹7,105 crore, up 75.91% year-on-year, as a major driver of advance growth. Earlier disclosures in the dataset also document growth in total business, deposits, CASA balances, and profitability across FY 2025-26 reference points. Investors will likely track subsequent statutory financial disclosures for the June 2026 quarter as and when the bank reports detailed results.