Brief: India's Jammu And Kashmir Bank Q2 Net Profit Rises

Jammu And Kashmir Bank

20/10/2023 12:00

Oct 20 (Reuters) - Jammu and Kashmir Bank Ltd  JKBK.NS :
    * Q2 NET PROFIT 3.81 BILLION RUPEES VERSUS PROFIT 2.43
BILLION
RUPEES
    * Q2 GROSS NPA 5.26% VERSUS 5.77% PREV QUARTER
    * Q2 NET NPA 1.04% VERSUS 1.39% PREV QUARTER
    * Q2 INTEREST EARNED 27.64 BILLION RUPEES VERSUS 22.99
BILLION
RUPEES
    * Q2 PROVISIONS AND CONTINGENCIES WRITE-BACK 99.4 MILLION
RUPEES
VERSUS PROVISION MADE 769 MILLION RUPEES
    * Q2 BAD LOAN PROVISION WRITE-BACK 65 MILLION RUPEES VERSUS
WRITE-BACK 169 MILLION RUPEES YEAR AGO

Further company coverage:  JKBK.NS 

 ((Reutersbriefs@thomsonreuters.com;))