Archive · 29 Jul 2026
J&K Bank Reports Q1 FY27 Financial Results
Jammu & Kashmir Bank recently shared its financial results for the first quarter of the fiscal year 2027.
The bank made a net profit of ₹428.80 crore, which is less than the previous year's quarter but more than the previous quarter.
The bank's total income was ₹3,764.96 crore, and its expenses were ₹3,060.13 crore.
The bank also changed how it counts money from certain loans, which added ₹56.29 crore to its profit.
The bank's bad loans are ₹3,088.94 crore, which is 2.37% of all its loans.
The bank is doing well but has some challenges to address.
J&K Bank's consolidated net profit after tax for Q1 FY27 is ₹428.80 crore.
Total income for the quarter is ₹3,764.96 crore, up from previous periods.
Total expenses for the quarter are ₹3,060.13 crore.
The bank revised its accounting policy for Priority Sector Lending Certificates (PSLCs).
Gross non-performing assets (NPAs) are ₹3,088.94 crore, or 2.37% of gross advances.
- Who
- Jammu & Kashmir Bank Limited
- What
- Announced Q1 FY27 financial results
- When
- 29 July 2026
- Where
- Mumbai
- Why
- To report financial performance and changes in accounting policies
Positive Financial Performance
Decline in Profit Compared to Previous Periods
Profit Comparison
Positive Financial Performance
The bank's consolidated net profit after tax rose to ₹428.80 crore for Q1 FY27, indicating a positive financial performance.
Decline in Profit Compared to Previous Periods
However, this is a decline from ₹484.53 crore in the year-ago quarter and ₹798.56 crore in the preceding quarter ended 31 March 2026.
- Consolidated Net Profit (Q1 FY27)
- ₹428.80 crore
- Consolidated Total Income (Q1 FY27)
- ₹3,764.96 crore
- Consolidated Total Expenses (Q1 FY27)
- ₹3,060.13 crore
- Capital Adequacy Ratio (Basel III)
- 16.54%
- Gross NPAs (as of 30 June 2026)
- ₹3,088.94 crore (2.37% of gross advances)
- Net NPAs (as of 30 June 2026)
- ₹769.31 crore (0.60% of net advances)
- Net Interest Income
- ₹1,497 crore
- Net Interest Margins
- 3.28%
- Total Business
- ₹3.03 lakh crore
- Advances
- ₹1.31 lakh crore
- Deposits
- ₹1.73 lakh crore
- Credit-Deposit Ratio
- 73.91%
- Share of Retail, Agriculture, and MSME (RAM) Book
- 65.97%
- Share of Current Account and Savings Account (CASA)
- 42.06%
- Share of Term Deposits
- 57.9%
