Jammu & Kashmir Bank has reported results for third quarter ended December 31, 2019.
The Bank has reported 52.15% fall in its net profit at Rs 49.64 crore for the quarter under review as compared to Rs 103.75 crore for the same quarter in the previous year. However, total income of the Bank increased by 1.28% at Rs 2196.02 crore for Q3FY20 as compared Rs 2168.22 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a fall of 52.28% in its net profit at Rs 49.06 crore for the quarter under review as compared to Rs 102.80 crore for the same quarter in the previous year. However, total income of the Bank increased by 0.33% at Rs 2197.00 crore for Q3FY20 as compared Rs 2189.77 crore for the corresponding quarter previous year.
