J&K Bank Q2 net at Rs 55cr

Jammu & Kashmir Bank has registered a net profit of Rs 54.97 crore in the second quarter ended September 30, 2005 as against a net loss of Rs 50.03 crore in the quarter ended September 30, 2004.

According to a release issued by Jammu & Kashmir Bank to the BSE today, total income increased 14.36% to Rs 443.50 crore in Q2FY06 from Rs 387.80 crore in Q2FY05.