Jammu and Kashmir Bank (J&K Bank) Q3FY19

1. The bank has reported a 43% increase in profit at Rs 103.75 cr,(due to other income and operating income) V/s Profit Rs 72.47 cr Y-o-Y.
2. Net interest income increased 13% to Rs 881.63 cr.
3. Net NPA were also higher at 4.69% v/s 3.91%, Q-o-Q.
4. Other income (non-interest income) up by 52% to Rs 163.5 cr(Y-o-Y) and operating profit jumped 11% to Rs 425 crore in Q3.