Jammu & Kashmir Bank has reported results for the quarter & year ended March 31, 2013.
The bank’s net profit for the quarter ended March 31, 2013 has increased by 20.16% at Rs 250.08 crore for the quarter as compared to Rs 208.12 crore for the quarter ended March 31, 2012. Bank’s total income has increased by 24.05% to Rs 1835.71 crore for the quarter under review, as compared to Rs 1479.81 crore for the corresponding quarter of the previous fiscal.
The bank’s net profit for the year ended March 31, 2013 has increased by 31.35% at Rs 1055.10 crore as compared to Rs 803.25 crore in previous year ended March 31, 2012. Its total income surged by 28.06% to Rs 6620.53 crore for the year from Rs 5169.70 crore of the previous year.
