J&K Bank Q4 net profit up 20% at Rs 250cr

Jammu and Kashmir Bank fourth quarter net profit was up by 20 percent at Rs 250 crore versus Rs 208 crore, a year ago.

Its net interest income (NII) was up 23 percent at Rs 633 crore versus Rs 516 crore, Year-on-Year. Its gross NPA at 1.62 percent versus 1.61 percent; net NPA unchanged at 0.14 percent, on a squential basis. Its provisions was up at Rs 176.6 crore versus Rs 22.4 crore, quarter-on-quarter. The company's capital adequacy ratio at 12.83 percent versus 13.82 percent, Q-o-Q It declared dividend of Rs 50 per share.