Dhanlaxmi Bank shares jump 8% after Q3 business update; details here

Dhanlaxmi Bank shares rose after the company reported a 21 per cent provisional jump in its total business for the third quarter of the financial year

Shares of Dhanlaxmi Bank Ltd. rallied nearly 8 per cent on Monday after the company reported a 21 per cent provisional jump in its total business for the third quarter of the current financial year (Q3FY26). 

 

The lender's stock rose as much as 7.97 per cent during the day to ₹26.9 per share, the biggest intraday gain in atleast one year. The Dhanlaxmi Bank stock pared gains to trade 4.7 per cent higher at ₹26.1 apiece, compared to a 0.02 per cent advance in Nifty 50 as of 12:40 PM. 

 

Shares of the company rose to the highest level since December 2, 2025 and currently trade at 5.5 times the average 30-day trading volume, according to Bloomberg. The counter has fallen 12.8 per cent in the last 12 months, compared to an 11 per cent advance in the benchmark Nifty 50. Dhanlaxmi Bank has a total market capitalisation of ₹1,030.16 crore.  CATCH STOCK MARKET UPDATES TODAY LIVE 

 

Dhanlaxmi Bank reports Q3 business update

The lender's total business stood at ₹31,933 crore as of December 31, 2025, compared with ₹26,443 crore a year earlier, marking a year-on-year (Y-o-Y) growth of 20.76 per cent. Total deposits rose to ₹17,839 crore from ₹15,068 crore over the same period, registering a growth of 18.39 per cent.

 

Current account and savings account (CASA) deposits increased to ₹5,018 crore as of December 31, 2025, from ₹4,602 crore a year ago, reflecting a growth of 9.04 per cent.

 

Gross advances grew 23.90 per cent Y-o-Y to ₹14,094 crore, up from ₹11,375 crore as of December 31, 2024. Within advances, gold loans saw a growth of 50.89 per cent, rising to ₹5,361 crore from ₹3,553 crore a year earlier.

 

The MSME loan book expanded to ₹2,064 crore as of December 31, 2025, compared with ₹1,616 crore in the corresponding period last year, translating into a Y-o-Y growth of 27.72 per cent.  ALSO READ | SBI, BoB, CSB Bank, AU SFB surge up to 8%, hit record highs; here's why

Dhanlaxmi Bank Q2 recap

In Q2, total business stood at ₹30,147 crore, as compared to ₹25,650 crore a year ago. The company’s total deposits stood at ₹17,103 crore, as against ₹14,632 crore a year ago. 

 

The current account savings accounts (CASA) for the quarter stood at ₹4,937 crore, as against ₹4,633 crore a year ago. The bank’s gross advances stood at ₹13,044 crore, as compared to ₹11,018 crore a year ago. Gold loans in Q2 stood at ₹4447 crore, as compared to ₹3,373 crore a year ago.