Private lender Lakshmi Vilas Bank on Saturday reported a net loss at ₹357.17 crore for the quarter ending September 30, 2019. The Tamil Nadu-based bank had clocked net loss at ₹132.30 crore during the year ago period. For the six month period ending September 30, net loss was at ₹594.42 crore as against ₹256.17 crore in the same period last year.
Total income for the July-September quarter was at ₹665.33 crore as against ₹800.50 crore, the bank said in a press release. For the half year period ending September 30, total income was at ₹1,342.50 crore as against ₹1,588.00 crore in the year ago period.