J&K Bank's Q2 Consolidated Net Profit Rises 10.6% To ₹547.30 Crore, Total Income up Significantly

The Jammu & Kashmir Bank (J&K Bank) reported a substantial increase in its consolidated net profit for the quarter ending September 30, 2026, with profits rising 10.6% to ₹547.30 crore. This marks a notable improvement from ₹494.91 crore in the same period last year. The bank's total consolidated income for the quarter reached ₹4,047.06 crore, a significant increase from ₹3,449.13 crore in the previous quarter.

J&K Bank's total expenses amounted to ₹3,256.64 crore for the quarter, up from ₹2,825.38 crore in the same period a year ago. For the half-year period ending September 30, 2026, the bank's net profit was ₹972.62 crore, slightly down from ₹980.91 crore in the previous half-year. However, the consolidated total income for the half-year was ₹7,812.02 crore, an increase from ₹6,970.27 crore in the comparable period last year.

The bank's Capital Adequacy Ratio (BASEL III) and CET1 Ratio stood at 16.44% and 13.74%, respectively, as of the quarter ended September 30, 2026. The bank's basic and diluted earnings per share (EPS) for the quarter were ₹5.02, compared to ₹4.49 in the year-ago quarter. Gross Non-Performing Assets (NPA) for the quarter were at 2.23%, a significant improvement from 3.32% in the corresponding quarter of the previous year. Net NPA was 0.51%, down from 0.76% a year ago.