Jammu and Kashmir Bank standalone net profit declines 59.45% in the March 2015 quarter

Total Operating Income decline 1.83% to Rs 1744.97 crore

Net profit of Jammu and Kashmir Bank declined 59.45% to Rs 101.61 crore in the quarter ended March 2015 as against Rs 250.60 crore during the previous quarter ended March 2014. Total Operating Income declined 1.83% to Rs 1744.97 crore in the quarter ended March 2015 as against Rs 1777.50 crore during the previous quarter ended March 2014.

For the full year,net profit declined 56.99% to Rs 508.60 crore in the year ended March 2015 as against Rs 1182.47 crore during the previous year ended March 2014. Total Operating Income rose 4.35% to Rs 7061.13 crore in the year ended March 2015 as against Rs 6767.00 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Total Operating Income1744.971777.50 -2 7061.136767.00 4 OPM %56.0877.98 -65.6680.45 - PBDT194.70420.87 -54 820.311751.87 -53 PBT194.70420.87 -54 820.311751.87 -53 NP101.61250.60 -59 508.601182.47 -57

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