Tuesday, November 1, 2011

Jammu & Kashmir Bank Q2 net up 22% at Rs 199 cr`

Jammu and Kashmir Bank has reported a net profit of Rs 199 crore in the second quarter of FY12, a growth of 22% as compared to Rs 163 crore in the corresponding quarter of last fiscal.

Net interest income increased 17% to Rs 435 crore in the quarter ended September FY12 from Rs 371 crore in a year ago period.

Net non-performing assets (NPAs) stood at 0.22% versus 0.13% during the same period.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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