Integrated Financials
Awaiting price reaction for this filing.
Jammu & Kashmir Bank reported audited results for FY25 showing total income of Rs. 13,672.67 crore (up 13.6% from Rs. 12,037.85 crore in FY24) and net profit of Rs. 2,082.46 crore (up 17.8% from Rs. 1,767.27 crore). Operating profit before provisions grew sharply to Rs. 2,929.79 crore from Rs. 2,276.88 crore, lifting operating margin to 21.43% from 18.91%. Deposits rose to Rs. 1,48,569.46 crore and advances to Rs. 1,04,198.72 crore, while Gross NPAs improved to 3.37% from 4.08%. Capital adequacy under Basel III strengthened to 16.29% from 15.33%, and EPS rose to Rs. 18.91 from Rs. 16.80. Consolidated net profit was Rs. 2,081.79 crore. Joint statutory auditors (Dhar Tiku & Co, JCR & Co LLP, Gupta Gupta & Associates) issued an unmodified opinion with no qualifications or going concern issues. Government of J&K continues to hold 59.40% stake.
Healthy full-year performance with double-digit income and profit growth, expanding margins, and improving asset quality suggests operational strength. Strong capital position above regulatory norms and steady deposit/advance growth are positive for shareholders. The clean audit opinion and absence of exceptional items reinforce confidence, though sequential Q4 profit was marginally lower than Q4 FY24.