Private sector lender Dhanlaxmi Bank delivered robust growth in its provisional Q1 FY27 results, with total deposits rising 17.1% year-on-year to ₹19,403 crore and gross advances increasing 26.47% to ₹15,785 crore as of June 30, 2026. According to reports from CNBC TV18 and Business Standard, the bank's total business stood at ₹35,188 crore, representing a 21.12% increase from ₹29,051 crore in the corresponding period last year. This growth momentum was sustained from the previous quarter, where total business had increased 19.68% to ₹33,733 crore.
The bank's growth was driven by strong performance across key business segments, with CASA deposits rising 19.55% year-on-year to ₹5,589 crore. As reported by CNBC TV18 and Business Standard, the gold loan portfolio demonstrated exceptional growth of 75.91% to ₹7,105 crore, while MSME advances increased 29.24% year-on-year to ₹2,250 crore. The previous quarter showed total deposits of ₹18,643 crore (up 16.42% from Q4 FY26) and gross advances of ₹15,130 crore (up 23.96% from the previous year).
The strong quarterly performance was reflected in the bank's stock performance, with shares rising 4.92% to ₹33.50 following the results announcement. According to Business Standard, the stock has gained 26.8% in the year so far, indicating positive investor sentiment towards the bank's growth trajectory. The consistent quarter-on-quarter growth across business segments and the significant year-on-year expansion in key lending portfolios suggest robust operational performance during the quarter.
