Jammu & Kashmir Bank net up

Jammu & Kashmir Bank Ltd on Monday said it closed the first quarter of 2015-16 with a net profit of Rs.158.7 crore on a lower income.

In a regulatory filing in BSE, the bank said it has posted a net profit of Rs.158.7 crore for the quarter up from Rs.130.05 crore for the quarter ended June 30, 2014.

The bank's total income has decreased from Rs.1,899 crore for the quarter ended June 30, 2014 to Rs.1,888.35 crore for the quarter ended June 30, 2015.