J&K Bank Q1 FY27: Net profit falls 12% to Rs 424 cr; NPA ratios improve
J&KBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 14.1 pts less than Nifty Smallcap 250 and 13.0 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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J&K Bank reported standalone net profit of Rs 424.18 cr for Q1 FY27, down 12.5% YoY from Rs 484.84 cr. Total income rose 6.9% to Rs 3,760 cr. Gross NPA ratio improved sharply to 2.37% from 3.50% YoY; net NPA at 0.60%. Capital adequacy ratio strengthened to 16.67%. Profit includes a Rs 56.29 cr boost from a revised accounting policy for PSLCs. Return on assets fell to 0.87% from 1.17%. Auditors issued an unmodified opinion with an emphasis of matter on the PSLC policy change and a Rs 263.63 cr transfer from Investment Fluctuation Reserve to General Reserve.
Asset quality and capital position strengthened YoY, but earnings dipped. Mixed near-term signal for the stock.