Jammu and Kashmir Bank reports standalone net profit of Rs 28.41 crore in the March 2018 quarter

Total Operating Income decline 5.15% to Rs 1591.68 crore

Net profit of Jammu and Kashmir Bank reported to Rs 28.41 crore in the quarter ended March 2018 as against net loss of Rs 554.30 crore during the previous quarter ended March 2017. Total Operating Income declined 5.15% to Rs 1591.68 crore in the quarter ended March 2018 as against Rs 1678.19 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 202.72 crore in the year ended March 2018 as against net loss of Rs 1632.29 crore during the previous year ended March 2017. Total Operating Income declined 0.96% to Rs 6621.40 crore in the year ended March 2018 as against Rs 6685.80 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Total Operating Income1591.681678.19 -5 6621.406685.80 -1 OPM %48.9424.24 -54.5932.53 - PBDT15.35-491.89 LP 359.13-1505.97 LP PBT15.35-491.89 LP 359.13-1505.97 LP NP28.41-554.30 LP 202.72-1632.29 LP

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