Buoyant shares celebrate J&K Bank June quarter profit

Buoyant shares celebrate J&K Bank June quarter profit
PTI
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First Published: Tue, Jul 14 2009. 06 29 PM IST
Updated: Tue, Jul 14 2009. 06 29 PM IST
Mumbai: Jammu & Kashmir Bank on Tuesday said its net profit for the quarter ended 30 June 2009 rose by 23.75% to Rs117.05 crore, over the same period last year.
The bank had a net profit of Rs94.58 crore in the quarter ended June 2008, J&K Bank said in a filing to the Bombay Stock Exchange (BSE).
Total income rose to Rs 891.05 crore for the June quarter ended current fiscal, against Rs 716.30 crore in the same period last year.
Shares of Jammu & Kashmir Bank settled at Rs445 on the BSE, up 2.08% from previous close.
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First Published: Tue, Jul 14 2009. 06 29 PM IST