Jammu and Kashmir Bank reports standalone net loss of Rs 554.30 crore in the March 2017 quarter

Total Operating Income rise 0.72% to Rs 1678.19 crore

Net Loss of Jammu and Kashmir Bank reported to Rs 554.30 crore in the quarter ended March 2017 as against net loss of Rs 56.02 crore during the previous quarter ended March 2016. Total Operating Income rose 0.72% to Rs 1678.19 crore in the quarter ended March 2017 as against Rs 1666.16 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1632.29 crore in the year ended March 2017 as against net profit of Rs 416.04 crore during the previous year ended March 2016. Total Operating Income declined 2.31% to Rs 6685.80 crore in the year ended March 2017 as against Rs 6843.57 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Total Operating Income1678.191666.16 1 6685.806843.57 -2 OPM %24.2451.84 -32.5363.14 - PBDT-491.89-16.22 -2933 -1505.97691.69 PL PBT-491.89-16.22 -2933 -1505.97691.69 PL NP-554.30-56.02 -889 -1632.29416.04 PL

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