Jammu & Kashmir Bank Q2 FY27 Net Profit Rises to Rs. 546.36 Crore
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 22 Oct 2026, 01:10 PM IST · BSE ID: 5ffe7164-db2b-42c8-8515-0820c439ada4
View Original BSE Filing (PDF)
💡
In Simple Terms
Jammu & Kashmir Bank increased its profit, lowered bad loans, and maintained healthy capital levels for the last quarter.
🤖 AI Summary
- Jammu & Kashmir Bank reported a standalone net profit of Rs. 546.36 crore for the quarter ended September 30, 2026.
- Gross Non-Performing Assets (NPAs) decreased to 2.23% of gross advances as of September 30, 2026.
- Net NPAs stood at 0.51% of net advances for the quarter ended September 30, 2026.
- Capital Adequacy Ratio (BASEL III) was 16.57% and CET1 Ratio was 13.88% as of September 30, 2026.
- The Board of Directors reviewed and took on record the Reviewed Financial Results for Q2 and Half Year FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for the Quarter
Rs. 546.36 crore
10.57%
Gross NPAs to Gross Advances
2.23%
-32.83%
Net NPAs to Net Advances
0.51%
-32.89%
Capital Adequacy Ratio (BASEL III)
16.57%
8.51%
Interest Earned
Rs. 3,727.09 crore
13.23%
Deposits
Rs. 1,76,795.93 crore
16.29%
Advances
Rs. 1,31,234.13 crore
24.80%
🏢 How This Affects the Company
The reduction in Gross NPAs to 2.23% indicates improved asset quality, which can enhance the bank's lending capacity and market reputation.
Net profit increased to Rs. 546.36 crore, contributing to retained earnings and strengthening the bank's financial position. The Capital Adequacy Ratio at 16.57% suggests a robust capital buffer.
Improvements in asset quality and profitability may free up resources from bad loan management, allowing for focus on core banking operations and growth initiatives.
A lower Gross NPA ratio of 2.23% reduces credit risk exposure for the bank, while robust capital adequacy ratios provide a buffer against unforeseen financial shocks.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected as the bank's financial performance, particularly the net profit of Rs. 546.36 crore and reduced NPAs, impacts the intrinsic value of their holdings.
🔍
Management Signal
The financial results indicate management's focus on improving asset quality and maintaining robust capital adequacy, as reflected in the 2.23% Gross NPA ratio and 16.57% Capital Adequacy Ratio.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — check sustained net profit growth and asset quality.
Future disclosures on Capital Adequacy Ratio trends — monitor for stability.
Any updates on further accounting policy changes or their impact.
LOW RISK
The filing indicates improved financial metrics, including lower NPAs and stable capital adequacy.
💡 Investor Takeaway
Jammu & Kashmir Bank reported standalone net profit of Rs. 546.36 crore for Q2 FY27, up from Rs. 494.11 crore in Q2 FY26. Gross NPAs decreased to 2.23% from 3.32% YoY. Capital Adequacy Ratio (BASEL III) stood at 16.57%.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit for Q2 FY27 rose to Rs. 546.36 crore, compared to Rs. 424.18 crore in the preceding quarter.
- Gross NPA ratio improved to 2.23% as of September 30, 2026, down from 2.37% as of June 30, 2026.
⚠️ Concerns
- Interest Earned on Investments decreased to Rs. 764.06 crore for Q2 FY27, from Rs. 767.03 crore for Q2 FY26.
- Provisions and Contingencies increased to Rs. 72.34 crore for Q2 FY27, from (Rs. 10.93 crore) in Q2 FY26.
📅 Company Track Record
Jammu & Kashmir Bank previously reported a net profit of Rs. 424.18 crore in Q1 FY27 (June 2026), with Gross NPA at 2.37%. In Q2 FY26 (September 2025), net profit was Rs. 494.11 crore and Gross NPAs stood at 3.32%.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Jammu & Kashmir Bank's net profit in Q2 FY27?
Jammu & Kashmir Bank reported a standalone net profit of Rs. 546.36 crore for the quarter ended September 30, 2026.
What is the Gross NPA ratio for Jammu & Kashmir Bank in Q2 FY27?
The Gross NPA ratio for Jammu & Kashmir Bank stood at 2.23% of gross advances as of September 30, 2026.
How does Jammu & Kashmir Bank's Q2 FY27 net profit compare to Q2 FY26?
The net profit of Rs. 546.36 crore in Q2 FY27 is an increase compared to Rs. 494.11 crore reported in Q2 FY26.
What is Jammu & Kashmir Bank's Capital Adequacy Ratio as of September 30, 2026?
Jammu & Kashmir Bank's Capital Adequacy Ratio (BASEL III) was 16.57% as of September 30, 2026.
What is the total Advances amount for Jammu & Kashmir Bank as of September 30, 2026?
Total Advances for Jammu & Kashmir Bank amounted to Rs. 1,31,234.13 crore as of September 30, 2026.
Questions based on this BSE filing only. For information purposes.