'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, Dhampur Sugar Mills, Balrampur Chini Mills, Oriental Bank of Commerce and Deepak Nitrite, 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 the financial health of the company. It is the percentage of revenue remaining after all operating expenses, interest and taxes have been deducted from a company’s total revenue.

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