J&K Bank Q3 net down 30%

Jammu & Kashmir Bank today reported a 29.59% decline in net profit at Rs 50.65 crore for the third quarter ended December 31, 2005 as against Rs 71.94 crore in Q3FY05.

According to a release issued by the bank to the BSE today, total income increased to Rs 446.73 crore in Q3FY06 from Rs 397.35 crore in Q3FY05.