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J&K Bank’s net profit reached Rs 424.18 crore, with total business exceeding Rs 3 trillion
29-Jul-2026, 04:02
J&K Bank posted a net profit of Rs 424.18 crore for the quarter ended June 30, 2026, the bank announced after a board meeting, with advances growing 25% year-on-year to Rs 130,503 crore and deposits increasing 17% year-on-year to Rs 173,420 crore, resulting in total business crossing Rs 3 trillion at Rs 303,923 crore. The bank’s Net Interest Income increased to Rs 1497 crore from Rs 1465 crore, while the Cost-to-Income Ratio improved to 58.90% from 60.75%, and Gross Non-Performing Assets declined to 2.37% from 2.50% sequentially, with the Capital Adequacy Ratio improving to 16.67%.
J&K Bank posted a net profit of Rs 424.18 crore for the quarter ended June 30, 2026, the bank announced after a board meeting, with advances growing 25% year-on-year to Rs 130,503 crore and deposits increasing 17% year-on-year to Rs 173,420 crore, resulting in total business crossing Rs 3 trillion at Rs 303,923 crore. The bank’s Net Interest Income increased to Rs 1497 crore from Rs 1465 crore, while the Cost-to-Income Ratio improved to 58.90% from 60.75%, and Gross Non-Performing Assets declined to 2.37% from 2.50% sequentially, with the Capital Adequacy Ratio improving to 16.67%.