Quarterly Result5 May 2026, 04:28 pm
J&K Bank Posts Record ₹2363 Cr Annual Profit for FY26
AI Summary
Jammu & Kashmir Bank Ltd reported its highest-ever annual profit of ₹2363.47 Cr for FY 2025-26, a 13% YoY increase. The bank's Q4 net profit reached almost ₹800 crores. Despite a one-time impairment provision of ₹179 Cr, the bank's performance was driven by a net interest margin of 3.60% and improved operational efficiency. Total business surged 13.61% YoY to ₹290341 Cr, with deposits up 11.30% and net advances expanding by 18%.
Key Highlights
- J&K Bank's FY26 profit reached a record ₹2363.47 Cr, up 13% YoY.
- Q4 net profit almost ₹800 crores compared to ₹584.54 Cr last year.
- Net interest margin (NIM) for FY26 stood at 3.60%.
- Total business surged 13.61% YoY to ₹290341 Cr as of March 31, 2026.
- GNPA at 2.5%, PCR exceeding 90% and CRAR over 16.50%.