Dhanlaxmi Bank Ltd

Dhanlaxmi Bank Ltd announced that ICRA has reaffirmed the rating of the Basel III Tier - II Bonds issued by the Bank as (ICRA) BBB- (Stable), pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification, addressed to The General Manager, The Manager Department of Corporate Services, Listing Department BSE Limited, and Listing Department National Stock Exchange of India Limited, specifies that no enhancements, assignments, or withdrawals were made by the rating agency. The reaffirmed rating applies specifically to the Basel III Tier - II Bonds, and the announcement was made on August 19, 2026, with a maturity date of 44/2026-27.

Net profit of Dhanlaxmi Bank rose 104.52% to Rs 24.91 crore in the quarter ended June 2026 as against Rs 12.18 crore during the previous quarter ended June 2025. Total Operating Income rose 22.19% to Rs 449.36 crore in the quarter ended June 2026 as against Rs 367.76 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Total Operating Income449.36367.76 22 OPM %60.6254.80 - PBDT35.5412.18 192 PBT35.5412.18 192 NP24.9112.18 105 Powered by Capital Market - Live

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 29 July 2026.

The appointment follows the bank's earlier announcement dated 15 June 2026, when the board of directors approved the appointment of Krishnakumar K as CFO in the grade of general manager, replacing Kavitha T.A., for a term of three years from the date of assuming charge. Krishnakumar is a fellow member of the Institute of Chartered Accountants of India (ICAI) and brings nearly three decades of experience in the banking and financial services sector. He spent around 30 years with Federal Bank, including 22 years overseeing financial reporting and taxation functions, before retiring as executive vice president. Subsequently, he served as the chief financial officer of ESAF Financial Holdings. According to the bank, Krishnakumar has extensive expertise in financial reporting, taxation, regulatory compliance, capital raising and credit-related functions. Dhanlaxmi Bank is engaged in the business of providing banking services. For the quarter ended 31 March 2026, the bank's standalone net profit surged 50.1% year-on-year to Rs 43.49 crore from Rs 28.98 crore in the corresponding quarter of the previous year. Total income rose 30.1% to Rs 512.34 crore during the period. Powered by Capital Market - Live

The private lender reported a 17.10% YoY growth in total deposits to Rs 19,403 crore as of 30 June 2026, compared with Rs 16,570 crore as of 30 June 2025. Total business stood at Rs 35,188 crore as of 30 June 2026, registering a growth of 21.12% YoY from Rs 29,051 crore a year ago. CASA stood at Rs 5,589 crore as of 30 June 2026, up 19.55% YoY. Gold loans increased 75.91% YoY to Rs 7,105 crore during the period under review. Dhanlakshmi Bank's services in personal banking are savings accounts, current accounts, term deposits, personal loans, car loans, home loans, business loans, loans against property, credit cards, debit cards, internet banking, and mobile banking services. The bank's standalone net profit surged 775.5% to Rs 28.98 crore on a 13.4% increase in total income to Rs 393.71 crore in Q4 FY25 over Q4 FY24.Powered by Capital Market - Live

The appointment was approved by the bank's board of directors at its meeting held on 15 June 2026, for a term of three years from the date he assumes charge. The bank said the date of taking charge will be communicated separately. Krishnakumar is a Fellow Member of the Institute of Chartered Accountants of India and brings nearly three decades of banking and financial services experience. He spent 30 years at Federal Bank, including 22 years overseeing financial reporting and taxation functions, and retired as Executive Vice President. Following his stint at Federal Bank, he served as chief financial officer of ESAF Financial Holdings. The bank said Krishnakumar has extensive experience across financial reporting, taxation, compliance, capital raising and credit-related functions. Dhanlaxmi Bank is in the business of providing banking services. The scrip shed 0.03% to Rs 32.13 on the BSE. Powered by Capital Market - Live

The key equity benchmarks traded with decent gains in early trade, amid the peace agreement between the United States and Iran, Strait of Hormuz will open for commercial shipping. The easing of geopolitical tensions and a sharp decline in crude oil prices and the appreciation of rupee supported risk appetite across global equities. Investors will closely monitor the movement of the monsoon, foreign institutional investor (FII) flows, and the inflation trajectory for further market direction. Nifty traded above the 23,900 level. Barring metal shares all the sectoral indices on the NSE were traded in green, IT, media and realty shares leading the gains At 09:25 IST, the barometer index, the S&P BSE Sensex advanced 333.66 points or 0.42% to 76,588.40. The Nifty 50 index jumped 77.80 points or 0.33% to 23,931.70. The broader market outperformed the frontline indices. The BSE 150 MidCap Index gained 0.48% and the BSE 250 SmallCap Index added 0.68%. The market breadth was strong. On the BSE, 2,184 shares rose and 872 shares fell. A total of 184 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 200.05 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,189.26 crore in the Indian equity market on 15 June 2026, provisional data showed. Numbers to Track: The yield on India's 10-year benchmark federal paper shed 0.09% to 6.866 compared with previous session close of 6.872 In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 94.5750 compared with its close of 95.5800 during the previous trading session. MCX Gold futures for 5 August 2026 settlement rose 0.15% to Rs 1,53,161. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.06% to 99.69. The United States 10-year bond yield rose 0.07% to 4.468. In the commodities market, Brent crude for August 2026 settlement fell 25 cents or 0.30% to $82.92 a barrel. Stocks in Spotlight: Dhanlaxmi Bank advanced 1.52% after the bank's board of directors has approved the appointment of Krishnakumar K. as the chief financial officer (CFO) of the bank for a period of three years. He will succeed Kavitha T.A., who has ceased to be the CFO of the bank. The appointment is effective from 15 June 2026. HCL Technologies jumped 2.27% after the company has acquired a 10.46% stake in Axonwise (Sarvam AI) for Rs 1,427.25 crore. The investment is aimed at strengthening the company's capabilities in the artificial intelligence space and supporting the growth of indigenous AI technologies. State Bank of India shed 0.14%. The bank's board of directors is scheduled to meet on 18 June 2026 to consider raising capital during FY27 through a public offer or private placement, subject to the necessary approvals. Global Markets: Asian market traded advanced on Tuesday as investors continued to assess the details of a potential deal between the U.S. and Iran to end the ongoing conflict. Early this week, President Donald Trump announced that the U.S. and Iran had reached a deal to end the war in the Middle East. Pakistani Prime Minister Shehbaz Sharif said that both sides have declared the termination of their military operations on all fronts, with an official signing ceremony to take place this Friday in Switzerland. A senior Trump administration official has reportedly said that the memorandum of understanding was already signed electronically on Sunday. The president also said that the key Strait of Hormuz passageway would reopen on Friday, sending oil prices down nearly 5% on Monday. Vice President JD Vance reportedly said that the strait would 'be opened in a toll-free way for the long term.' Meanwhile, the Bank of Japan (BOJ) hiked the policy rates to 1.0%, this marks a 31-year high for interest rates. This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, and the first time since 1995 that rates have been raised to 1%. Further, China's retail sales fell for the first time in more than three years in May, signaling a deepening economic slump, according to data released Tuesday by the National Bureau of Statistics. Retail sales, a gauge of consumption, declined in May for the first time since December 2022, dropping 0.6% from a year earlier. Industrial output was the lone bright spot, rising 4.5% in May to top widely reported estimates of 4.3% growth and rebounding from April's near three-year low of 4.1%. The Chinese national unemployment rate fell to 5.1% in May, compared with 5.2% in April. Overnight on Wall Street, stocks rose on Monday to kick off the holiday-shortened trading week as SpaceX extended its rally and after President Donald Trump announced that an agreement had been reached to end the war between the U.S. and Iran. The Dow Jones Industrial Average added 468.77 points, or 0.92%, for a record close of 51,671.03. The 30-stock index also hit a new all-time intraday high during the session. The S&P 500 climbed 1.65% to 7,554.29, while the Nasdaq Composite popped 3.07% to end at 26,683.94.Powered by Capital Market - Live

Net profit of Dhanlaxmi Bank rose 50.07% to Rs 43.49 crore in the quarter ended March 2026 as against Rs 28.98 crore during the previous quarter ended March 2025. Total Operating Income rose 26.36% to Rs 443.05 crore in the quarter ended March 2026 as against Rs 350.62 crore during the previous quarter ended March 2025. For the full year,net profit rose 54.19% to Rs 102.75 crore in the year ended March 2026 as against Rs 66.64 crore during the previous year ended March 2025. Total Operating Income rose 21.34% to Rs 1601.48 crore in the year ended March 2026 as against Rs 1319.88 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income443.05350.62 26 1601.481319.88 21 OPM %59.9657.18 -57.7655.99 - PBDT78.9627.18 191 138.2271.62 93 PBT78.9627.18 191 138.2271.62 93 NP43.4928.98 50 102.7566.64 54 Powered by Capital Market - Live

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 28 April 2026.

The bank's total deposits stood at Rs 18,643 crore, marking a 16.42% YoY growth, while its total business reached Rs 33,773 crore, up 19.68% YoY. CASA deposits rose 15.77% YoY to Rs 5,380 crore. The bank reported a 20.3% YoY rise in net profit to Rs 23.88 crore in Q3 FY26, compared with Rs 19.85 crore in Q3 FY25, while total income jumped 21.1% YoY to Rs 456.31 crore. The counter slipped 2.32% to Rs 21.94 on the BSE.