Jammu and Kashmir Bank reports standalone net loss of Rs 56.02 crore in the March 2016 quarter

Total Operating Income decline 4.52% to Rs 1666.16 crore

Net loss of Jammu and Kashmir Bank reported to Rs 56.02 crore in the quarter ended March 2016 as against net profit of Rs 101.61 crore during the previous quarter ended March 2015. Total Operating Income declined 4.52% to Rs 1666.16 crore in the quarter ended March 2016 as against Rs 1744.97 crore during the previous quarter ended March 2015.

For the full year,net profit declined 18.20% to Rs 416.04 crore in the year ended March 2016 as against Rs 508.60 crore during the previous year ended March 2015. Total Operating Income declined 3.08% to Rs 6843.57 crore in the year ended March 2016 as against Rs 7061.13 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Total Operating Income1666.161744.97 -5 6843.577061.13 -3 OPM %51.8456.08 -63.1465.66 - PBDT-16.22194.70 PL 691.69820.31 -16 PBT-16.22194.70 PL 691.69820.31 -16 NP-56.02101.61 PL 416.04508.60 -18

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