Jammu & Kashmir Bank Q2 net up 30%

Jammu & Kashmir Bank Q2 net up 30%

Mumbai: Jammu & Kashmir Bank on 29 October registered a 29.95% rise in net profit at Rs107.80 crore for the quarter ended 30 September, compared to Rs82.95 crore in the corresponding period last year.

The bank’s total income shot up by 31.92% to 54.77 crore for the quarter under review, from 96.31 crore for the same quarter last year, the company informed the Bombay Stock Exchange in a filing. Shares of the bank were trading at 782, up 1.15 per cent in the noon trade at the BSE.

Bank of India Q2 net up two fold

Bank of India today reported a two-fold growth in net profit at 425.27 crore for the quarter ended September 30 against 212.13 crore in the same period last year.

The total income of the bank stood at 3503.67 crore for the reviewed quarter, up 39.07 per cent from 2519.29 crore in the comparable quarter previous year, the company said in a filing to the BSE.

Shares of the bank were trading at 317, up 3.12 per cent at the BSE.

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