NEW DELHI, May 15:
Jammu & Kashmir Bank has reported a net profit of Rs 250.6 crore in the fourth quarter ended March 31, 2014.
The bank had registered a profit of Rs 250.08 crore in the January-March quarter of FY2012-13.
Total income during the period increased to Rs 1,888.60 crore as against Rs 1,835.71 crore in the year-ago quarter, the bank said in a filing to the BSE.
For the full fiscal FY14, bank’s net profit rose to Rs 1,182.47 crore from Rs 1,055.10 crore a year earlier.
Full year income moved up to Rs 7,157.26 crore as compared with Rs 6,620.53 crore for the year ended March 31, 2013, it said.
Shares of the bank fell 4.56 per cent to close at Rs 1,801.90 apiece on the BSE. (AGENCIES)
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