NEW DELHI: Jammu & Kashmir Bank on Friday reported a standalone net profit of Rs 44 crore in the second quarter ended September of the current fiscal year.
The state-owned lender had posted a net loss of Rs 916.81 crore during the same quarter a year ago.
Sequentially, net profit grew multi-fold from Rs 6.50 crore in April-June 2020 quarter.
Total income fell to Rs 2,194.47 crore in July-September from Rs 2,262.94 crore in the same quarter of 2019-20, J&K Bank said in a regulatory filing. (AGENCIES)
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