Quarterly Result25 Jul 2025, 08:31 pm
Jammu & Kashmir Bank Q1 net profit rises 17% YoY to Rs 484.84 Cr
AI Summary
Jammu & Kashmir Bank reported a profit after tax (PAT) of Rs 484.84 Cr for the April-June quarter of the current financial year, registering a 16.7% year on year growth. The Bank's Cost to income Ratio improved to 60.78% YoY, and Operating profit witnessed a 13% YoY increase to Rs 672.84 Cr. The Bank's deposits rose 12% YoY to Rs 148542 Cr, and net Advances grew 6.06% YoY reaching Rs 101230 Cr. The Bank's Capital Adequacy Ratio (CAR) stood at 15.98%.
Key Highlights
- Q1 net profit rises 17% YoY to Rs 484.84 Cr
- Cost to income Ratio improved to 60.78% YoY
- Operating profit witnessed a 13% YoY increase to Rs 672.84 Cr
- Deposits rose 12% YoY to Rs 148542 Cr
- Capital Adequacy Ratio (CAR) stood at 15.98%