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Jammu and Kashmir Bank Q3 profit up 11% at Rs 321 crore

Total income increased to Rs 1,802.97 crore

Press Trust of India New Delhi
Jammu and Kashmir Bank today reported an 11% increase in net profit to Rs 321.29 crore in the third quarter ended December 31.

The bank had posted a profit of Rs 289.4 crore in the corresponding quarter of the previous financial year, Jammu and Kashmir Bank said in a filing to the BSE.

Total income increased to Rs 1,802.97 crore from Rs 1,623.77 crore a year earlier.

During the first nine months of 2013-14, the bank's profit climbed 16% to Rs 931.87 crore from Rs 805.02 crore in the same period a year ago.

Total income in the first three quarters rose to Rs 5,268.66 crore, compared with Rs 4,784.82 crore in the same period of the previous financial year.

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First Published: Feb 08 2014 | 5:18 PM IST

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