SRINAGAR : Maintaining its growth trajectory amid challenging circumstances, Jammu and Kashmir Bank has reported a net profit of Rs 494.11 crore for the July–September quarter (Q2) of the current financial year, keeping well on course to meet its annual market guidance. For the first half (H1) of the financial year, the Bank’s net profit rose to Rs 978.95 crore compared to Rs 966.41 crore in the same period last year. Follow Us On G -N e w s | Whatsapp
The Bank’s Board of Directors reviewed and approved the quarterly and half-yearly financial results at a meeting held at the Corporate Headquarters, with Managing Director and CEO Amitava Chatterjee describing the performance as “encouraging and reassuring” given the operational disruptions faced earlier this year.