‘J&K Bank profit rising in last 4 quarters’

J&K Bank is one of the 13 companies whose profit after tax (PAT) margin has risen consistently in the last 4 quarters, a English business daily reported onFriday in a Web exclusive article.

The other firms, according to daily, include Marico, DhampurSugar Mills, Balrampur Chini Mills, Oriental Bank of Commerce and DeepakNitrite, whose PAT margin has seen a consistent rise in the last four quarters(as of March 2019 quarter).

   

PAT margin is one of the important indicators of thefinancial health of the company. It is the percentage of revenue remainingafter all operating expenses, interest and taxes have been deducted from acompany’s total revenue.

However, the steady performance is not being reflected intheir stock prices as most of the scrips have remained subdued during theperiod.

Leave a Reply

Your email address will not be published. Required fields are marked *

four + 15 =