Integrated Financials
J&KBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jammu and Kashmir Bank reported FY26 standalone net profit of Rs 2,363.47 crore, up 13.5% from Rs 2,082.45 crore in FY25. Net interest income grew 3% to Rs 9,708.31 crore while operating profit jumped 21% to Rs 3,604.84 crore. The bank expanded its balance sheet with total advances reaching Rs 1,65,354 crore (up 11.3% YoY) and deposits at Rs 1,22,641 crore (up 17.7% YoY). Asset quality improved with gross NPAs at 2.50% and net NPAs at 0.64% for Q4 FY26. Capital adequacy remains strong at 16.55% with CET1 ratio of 13.54%. Auditors issued an unmodified (clean) opinion though drew attention to four emphasis of matter items including Rs 228.65 crore impairment provision on associate J&K Grameen Bank investment and Rs 46.08 crore recoverable from government under Ladli Beti Scheme.
The bank delivered solid double-digit profit growth with improving margins and healthy asset quality. However, the 13.5% PAT growth is below the 25% threshold, and auditors' emphasis on the associate impairment and prior period adjustments may prompt closer investor scrutiny despite the clean audit opinion.