Dhanlaxmi Bank Limited (NSE: DHANBANK)

Dhanlaxmi Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	12,390	12,070	10,712	9,166	9,307	9,876
Interest Paid on Deposits	8,090	7,485	5,955	5,543	6,011	6,144
Net Interest Income	4,396	4,585	4,758	3,623	3,297	3,732
Net Interest Income Growth (YoY)	-8.73%	-3.64%	31.31%	9.91%	-11.66%	7.62%
Gain (Loss) on Sale of Assets	2.52	2.52	7.67	2.16	-0.58	-0.1
Gain (Loss) on Sale of Investments	190.25	190.25	-424.32	793.27	550.68	247.21
Other Non-Interest Income	1,414	1,333	1,162	895.76	672.12	881.39
Total Non-Interest Income	1,607	1,526	745.17	1,691	1,222	1,128
Non-Interest Income Growth (YoY)	7.77%	104.73%	-55.94%	38.37%	8.30%	114.00%
Revenues Before Loan Losses	6,003	6,110	5,503	5,314	4,519	4,860
Provision for Loan Losses	-147.6	-12.2	915.91	972.05	432.05	1,159
Revenue	6,150	6,122	4,587	4,342	4,087	3,701
Revenue Growth (YoY)	10.78%	33.48%	5.63%	6.25%	10.41%	17.04%
Salaries and Employee Benefits	3,498	3,312	2,473	2,346	2,254	1,846
Occupancy Expenses	546.2	546.2	445.9	443.53	333.75	580.91
Selling, General & Administrative	646.89	646.89	602.33	571.7	555.18	116.2
Other Non-Interest Expense	1,076	912.41	749.91	610.03	517.79	697.27
Total Non-Interest Expense	5,767	5,417	4,271	3,971	3,660	3,241
EBT Excluding Unusual Items	383.22	704.82	316.13	370.94	426.28	460.79
Pretax Income	383.22	704.82	316.13	370.94	426.28	460.79
Income Tax Expense	141.5	126.6	-177.5	11.9	54.4	-197
Net Income	241.72	578.22	493.63	359.04	371.88	657.79
Net Income to Common	241.72	578.22	493.63	359.04	371.88	657.79
Net Income Growth	-78.29%	17.14%	37.48%	-3.45%	-43.46%	463.70%
Basic Shares Outstanding	253	253	253	253	253	253
Diluted Shares Outstanding	253	253	253	253	253	253
Shares Change (YoY)	-0.32%	-	-0.01%	0.01%	-	-
EPS (Basic)	0.95	2.29	1.95	1.42	1.47	2.60
EPS (Diluted)	0.95	2.29	1.95	1.42	1.47	2.60
EPS Growth	-78.22%	17.20%	37.41%	-3.45%	-43.46%	465.18%
Effective Tax Rate	36.92%	17.96%	-	3.21%	12.76%	-

Source: S&P Capital IQ. Banks template. Financial Sources.