SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jammu & Kashmir Bank reports net loss of Rs 602.40 crore

16 Dec 2016 Evaluate

Jammu & Kashmir Bank has reported results for second quarter ended September 30, 2016.    

The company has reported a net loss of Rs 602.40 crore for the quarter under review as compared to a net profit of Rs 195.62 crore for the same quarter in the previous year. Total income of the company decreased by 1.69% at Rs 1816.67 crore for the quarter under review as compared Rs 1847.84 crore for the corresponding quarter previous year. 

Jammu & Kashmir Bank is the only state government owned bank in the country with the Government of J&K (GoJK) holding around 53% shareholding in the bank. J&K Bank holds a monopolistic position in the state of J&K constituting majority of the credit and deposits in the state.

J&K Bank Share Price

131.20 -1.20 (-0.91%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×