The bank had posted a net profit of Rs 172.3 crore in the corresponding quarter last fiscal, J&K Bank said in a regulatory filing.
The total income of the lender declined marginally to Rs 1,847.84 crore during the quarter from Rs 1,883.16 crore over the corresponding period of 2014-15 fiscal.
During the quarter, gross Non-performing Assets (NPAs) increased to 6.46 per cent from 4.73 per cent at the end of second quarter of 2014-15.
At the same time, net NPA of the bank also rose to 2.78 per cent from 2.46 per cent of the total assets.
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