Jammu & Kashmir Bank (J&K Bank), incorporated in Jammu & Kashmir, India, is a publicly held banking company engaged in providing a wide range of banking services including Retail Banking, Corporate Banking & Treasury Operations.
It is the only Private Sector Bank in the country assigned with responsibility of convening State/UT Level Bankers’ Committee (SLBC/UTLBC) meetings. The Bank continued to discharge its lead bank responsibility satisfactorily in 12 districts of UT of J&K, i.e. Srinagar, Ganderbal, Budgam, Baramulla, Bandipora, Kupwara, Anantnag, Kulgam, Pulwama, Shopian, Poonch and Rajouri.
Financial Results:
Jammu and Kashmir Bank Ltd reported Revenues for Q4FY24 of ₹2,910.00 Crores up from ₹2,512.00 Crore year on year, a rise of 15.84%.
Total Expenses for Q4FY24 of ₹2,309.00 Crores up from ₹2,055.00 Crores year on year, a rise of 12.36%.
Consolidated Net Profit of ₹633.00 Crores up 33.83% from ₹473.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹5.75, up 25.55% from ₹4.58 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.