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J&K Bank Q3FY25 Results: Net profit increases 26.2% to Rs 531 crore

Business Standard LogoBusiness Standard9h ago

J&K Bank Q3FY25 Results: Net profit increases 26.2% to Rs 531 crore - Business Standard

Quick Summary:

"The Bank's net profit for the first nine months of the current financial year has jumped 32.7 per cent YoY to Rs 1,497.92 crore compared to Rs 1,128.60 crore recorded for the same period last year, reflecting its sustained growth trajectory," he added.

Jammu & Kashmir Bank on Monday reported a 26.2 per cent rise in net profit to Rs 531 crore for the October-December quarter of FY2024-25 compared to Rs 421.08 crore in the year-ago period.

"As we are in the final quarter of the current fiscal, our objective remains to scale up growth while delivering superior value to stakeholders through quality customer engagement and enhanced operational efficiency.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 21:07:16 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25288172

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 354 posts per day

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Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

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Publisher ID: #49

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