{
  "id": 16024998,
  "title": "J&K Bank's Q2 Consolidated Net Profit Rises 10.6% To ₹547.30 Crore, Total Income up Significantly",
  "url": "https://urgent.news/2026/10/22/j-k-banks-q2-consolidated-net-profit-rises-10-6-to-547-30-crore-total",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T08:14:14.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/jk-banks-q2-consolidated-net-profit-rises-106-to-54730-crore-total-income-up-significantly"
  },
  "original_language": "en",
  "account": "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.\n\nJ&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.\n\nThe 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.",
  "summary": "Mumbai: Jammu & Kashmir Bank (J&K Bank) on Thursday announced a consolidated net profit of ₹547.30 crore for the quarter ended September 30, 2026, marking a 10.6% rise compared to ₹494.91 crore in the corresponding quarter last year. The bank's total consolidated income for the quarter stood at ₹4,047.06 crore. Quarterly Financials Consolidated total income for the quarter increased to ₹4,047.06…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}