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Corporate Results - Public Sector Banks


J&K Bank H1 net rises 35 pc

Our Bureau

New Delhi , Oct. 7

JAMMU and Kashmir Bank (J&K Bank) has recorded a 35.04 per cent rise in net profit for the half-year ended September 30, 2003, to Rs 198.50 crore against Rs 146.99 crore during the same period last year.

The operating profit of the bank has gone up by 26.51 per cent to Rs 332.81 crore against Rs 263.06 crore.

The total income of the bank has risen by Rs 88 crore to Rs 920.85 crore during the six-month period.

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