Quarterly Result18 Oct 2025, 09:02 pm
Jammu & Kashmir Bank Ltd's Half-Yearly Net Profit Up at Rs 979 Cr, Q2 Net at Rs 494 Cr
AI Summary
Jammu & Kashmir Bank Ltd posted a net profit of Rs 494.11 Cr for the July-September Quarter (Q2) and Rs 978.95 Cr for the half-year (H1) of the current financial year (CFY). The Bank’s Net Interest Income (NII) for the half-year (H1) is marginally up by 3.4% Year-on-Year at Rs 2899.43 Cr. The Bank’s other income for H1 was at Rs 405.19 Cr while the Cost to Income Ratio for the half-year stood at 60.80%. The Bank’s Gross NPA Ratio has declined 18 basis-points QoQ to 3.32% and decreased by 63 bps YoY from 3.95% recorded in September, 2024. The Bank’s Capital Adequacy Ratio (CAR) for the July-September quarter stood at 15.27%.
Key Highlights
- J&K Bank’s net profit for half-year (H1) increased to Rs 978.95 Cr from Rs 966.41 Cr recorded for H1 last FY.
- The Bank’s Net Interest Income (NII) for the half-year (H1) is marginally up by 3.4% Year-on-Year at Rs 2899.43 Cr.
- The Bank’s Gross NPA Ratio has declined 18 basis-points QoQ to 3.32% and decreased by 63 bps YoY from 3.95% recorded in September, 2024.
- The Bank’s Capital Adequacy Ratio (CAR) for the July-September quarter stood at 15.27%.
- Despite tough challenges, the Bank is on track to achieve its annual guidance numbers.