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Jammu and Kashmir Bank net dips 33% in Q3

Jammu and Kashmir Bank reported 33 per cent fall in net profit at Rs 73 crore for the third quarter ended December 31.

Published on: Jan 7, 2005, 19:48:00 IST
PTI | By , New Delhi
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Jammu and Kashmir Bank on Friday reported 33 per cent fall in net profit at Rs 73 crore for the third quarter ended December 31.

HT Image
HT Image

The bank's net profit was Rs 110 crore in the corresponding quarter of the previous fiscal, the bank said in a release.

The total income of the bank also declined by 17 per cent to Rs 392 crore during October-December this fisal compared to Rs 473 crore in the year-ago period.