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Aug 06, 2012, 02.39 PM IST
Private sector lender Dhanlaxmi Bank has posted a net loss of Rs 11.81 crore in the quarter ended June 2012 as against profit of Rs 3.4 crore in a year ago period, but quarter-on-quarter the company managed to trim losses by 86% from Rs 86.51 crore in the previous quarter.
Net interest income jumped 19% year-on-year to Rs 75 crore in the first quarter of financial year 2012-13. Provisions were declined during the quarter to Rs 2.85 crore from Rs 11.87 crore in the previous quarter and Rs 9.61 crore in the corresponding quarter of last fiscal.
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