Jammu & Kashmir Bank Q4 results: Net profit drops 8% to ₹584.54 crore

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Jammu & Kashmir Bank Q4 results: Net profit drops 8% to ₹584.54 crore - Business Standard

Quick Summary:

Jammu & Kashmir Bank on Monday reported over 8 per cent decline in net profit to Rs 584.54 crore for the January-March quarter of 2024-25 compared to Rs 638.67 crore in the year-ago period.

On a sequential basis, net profit rose by 10 per cent compared to Rs 531.51 crore in the previous December quarter of FY 2024-25, according to an exchange filing by the bank.

Total income of the bank rose by 15 per cent to Rs 3,616.16 crore in the fourth quarter of the last fiscal compared to Rs 3,134.74 crore in the same quarter of the previous year.