{"id":163167,"date":"2024-07-17T08:54:19","date_gmt":"2024-07-17T12:54:19","guid":{"rendered":"https:\/\/44.250.171.167\/?p=163167"},"modified":"2024-07-17T08:54:20","modified_gmt":"2024-07-17T12:54:20","slug":"jammu-and-kashmir-bank-ltd-q4fy24-34-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/jammu-and-kashmir-bank-ltd-q4fy24-34-rise-in-profits\/","title":{"rendered":"Jammu and Kashmir Bank Ltd Q4FY24; 34% rise in Profits"},"content":{"rendered":"\n

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\u2019 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.<\/p>\n\n\n\n

Financial Results:<\/strong><\/p>\n\n\n\n

Jammu and Kashmir Bank Ltd reported Revenues for Q4FY24 of \u20b92,910.00 Crores up from \u20b92,512.00 Crore year on year, a rise of 15.84%.<\/p>\n\n\n\n

Total Expenses for Q4FY24 of \u20b92,309.00 Crores up from \u20b92,055.00 Crores year on year, a rise of 12.36%.<\/p>\n\n\n\n

Consolidated Net Profit of \u20b9633.00 Crores up 33.83% from \u20b9473.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n

The Earnings per Share is \u20b95.75, up 25.55% from \u20b94.58 in the same quarter of the previous year.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

*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.<\/p>\n\n\n\n

*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"

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\u2019 Committee (SLBC\/UTLBC) meetings. […]<\/p>\n","protected":false},"author":1932,"featured_media":163168,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[151],"class_list":["post-163167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-banking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-138.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":166568,"url":"https:\/\/alphastreet.com\/india\/jammu-and-kashmir-bank-ltd-q3fy25-25-rise-in-profits\/","url_meta":{"origin":163167,"position":0},"title":"Jammu and Kashmir Bank Ltd Q3FY25; 25% rise in Profits","author":"Chirag Gupta","date":"January 31, 2025","format":false,"excerpt":"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. 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