The Jammu and Kashmir Bank Limited Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Fiscal Year 2022
For the nine months, the company reported interest earned of INR 56,056.6 million against INR 50,297.2 million a year ago. Total income was INR 60,147.2 million against INR 53,527.6 million a year ago. Net profit was INR 2,500.9 million against INR 1,743.0 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 4.49 against basic and diluted earnings per share after extraordinary items of INR 3.13 a year ago.
The company is targeting a profit of INR 20,000 million in fiscal year 2022.