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J&K Bank Q2 net up 8% at Rs116 cr

J&K Bank Q2 net up 8% at Rs116 cr
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First Published: Fri, Oct 31 2008. 11 02 AM IST
Updated: Fri, Oct 31 2008. 11 02 AM IST
PTI
Mumbai: Jammu & Kashmir Bank today said its net profit grew by 7.53% to Rs115.92 crore for the July-September quarter from the corresponding period a year ago.
The bank had a net profit of Rs107.80 crore in the second quarter of FY’08, Jammu & Kashmir Bank said in a filing to the Bombay Stock Exchange.
Total income stood at Rs788.81 crore in the quarter under review against Rs664.77 crore in the same period last fiscal.
For six-month ended 30 September, the bank registered a net profit of Rs210.48 crore, a 10.17% growth from the corresponding period last year.
Total income decreased to Rs1,265.65 crore for six-month period from Rs1,606.11 in the year ago period.
Shares of Jammu & Kashmir Bank were quoting at Rs373, down 3.77% in early morning trade on the BSE.
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First Published: Fri, Oct 31 2008. 11 02 AM IST