01 August, 2014 07:11 IST
News
J&K Bank Q3 profit surges 35.7%
Source: IRIS (04-FEB-13)
Comments  |  Post Comment

Jammu & Kashmir Bank (J&K) today reported a rise of 35.68% in net profit to Rs 2.89 billion for the quarter ended Dec. 31, 2012 as compared to Rs 2.13 billion in the same period last year.

Total income of the bank increased by 21.12% to Rs 16.23 billion for the quarter ended Dec. 31, 2012 as compared to Rs 13.40 billion in the same period last year.

Interest earned during the quarter ended Dec. 31, 2012 was at Rs 15.33 billion, representing an increase of 21.09%.

The bank has made provision of Rs 223.8 million, which was 23.24% higher than the same period last year.

Net NPA was at Rs 495.1 million for the quarter ended Dec. 31, 2012, as compared to Rs 469.3 million for the quarter ended Dec. 31, 2011, representing sharp increase of 5.5%.

Meanwhile in percentage term, net NPA decreased to 0.14% as on Dec. 31, 2012 from 0.16% as on Dec. 31, 2011.

Shares of the bank gained Rs 25.1, or 1.82%, to trade at Rs 1,402.10. The total volume of shares traded was 51,371 at the BSE (12.56 p.m., Monday).



Jammu and Kashmir Bank Limited   (Q,N,C,F)*


Sector News
TechM Q1 profit rises 2.7% q-o-q, but falls 8.10% y-o-y - 31-Jul-2014 16:53
Maruti Suzuki Q1 profit rises 21% - 31-Jul-2014 15:22
ICICI Bank Q1 earnings climb 16.80% - 31-Jul-2014 14:15
Syndicate Bank Q1 profit rises 7.3% - 31-Jul-2014 12:48
Moser Baer launches Crypto token - 31-Jul-2014 12:34
INOX to acquire Satyam Cineplexes - 31-Jul-2014 12:01
HCL Tech Q4 nos beat expectations; positive on stock: Angel - 31-Jul-2014 11:46
Grasim commences VSF plant operation at Vilayat, Gujarat - 31-Jul-2014 11:30
HCL Tech Q4 profit surges 53.7%; up 13% sequentially - 31-Jul-2014 09:47
Steelcast swings to loss in Apr-Jun quarter - 30-Jul-2014 19:13
T C F C Finance standalone quarterly profit surges 97.22% - 30-Jul-2014 19:04
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   mwqhkz into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer