Jammu & Kashmir Bank Q2 FY27 Net Profit Rises to Rs. 546.36 crore
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 22 Oct 2026, 01:25 PM IST · BSE ID: d2d87c5a-b1ba-4623-9524-abf5c1b614d1
View Original BSE Filing (PDF)
💡
In Simple Terms
Jammu & Kashmir Bank's profit increased in the last quarter, while its bad loans percentage decreased, reflecting improved financial health.
🤖 AI Summary
- Jammu & Kashmir Bank reported a standalone net profit of Rs. 546.36 crore for Q2 FY27.
- Gross Non-Performing Assets (NPAs) decreased to 2.23% as of September 30, 2026, from 3.32% in Q2 FY26.
- Total Deposits reached Rs. 1,76,795.93 crore and Advances grew to Rs. 1,31,234.13 crore in Q2 FY27.
- Interest Earned for Q2 FY27 was Rs. 3,727.09 crore, up from Rs. 3,291.82 crore in Q2 FY26.
- The Capital Adequacy Ratio (Basel III) was 16.57% as of September 30, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit for Q2 FY27
Rs. 546.36 crore
10.57%
Gross NPAs (%)
2.23%
-32.83%
Total Deposits
Rs. 1,76,795.93 crore
16.29%
Advances
Rs. 1,31,234.13 crore
24.80%
Interest Earned for Q2 FY27
Rs. 3,727.09 crore
13.22%
Capital Adequacy Ratio (Basel III)
16.57%
8.51%
🏢 How This Affects the Company
The bank's deposit base increased by Rs. 24,765.77 crore YoY, reaching Rs. 1,76,795.93 crore, supporting lending capacity. Advances grew by Rs. 26,080.83 crore YoY to Rs. 1,31,234.13 crore.
Net profit increased to Rs. 546.36 crore in Q2 FY27 from Rs. 494.11 crore in Q2 FY26. Gross NPAs decreased to 2.23% from 3.32% YoY, reducing asset quality concerns. Capital Adequacy Ratio remained strong at 16.57%.
Improvements in NPA ratios suggest ongoing efforts in asset quality management and recovery. The increase in business volumes indicates an expansion in banking operations.
The reduction in Gross NPAs from 3.32% to 2.23% and Net NPAs from 0.76% to 0.51% significantly mitigates credit risk for the bank.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the improved financial performance, specifically the higher net profit of Rs. 546.36 crore and reduced NPA ratios (Gross NPA at 2.23%, Net NPA at 0.51%).
🔍
Management Signal
The Board's approval and disclosure of positive financial results signal management's focus on profitability, asset quality improvement, and sustained business growth.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — review continuation of NPA reduction trend
Interest earned growth — check if sustained above Rs. 3,700 crore in Q3 FY27
Deposit and advance growth rates — assess momentum in Q3 FY27 business volumes
LOW RISK
Improved asset quality and robust capital adequacy reduce financial risks identified in the filing.
💡 Investor Takeaway
Jammu & Kashmir Bank reported Q2 FY27 standalone net profit of Rs. 546.36 crore, a 10.57% increase over Rs. 494.11 crore in Q2 FY26. Gross NPAs reduced to 2.23% from 3.32% year-on-year, indicating improved asset quality. Total deposits grew to Rs. 1,76,795.93 crore.
⚖️ Strengths & Concerns
✅ Positives
- Net profit for Q2 FY27 increased to Rs. 546.36 crore from Rs. 494.11 crore in Q2 FY26, demonstrating profit growth.
- Gross NPA ratio improved to 2.23% in Q2 FY27 from 3.32% in Q2 FY26, indicating better asset quality.
⚠️ Concerns
- Provisions and Contingencies increased to Rs. 72.34 crore in Q2 FY27 from a negative Rs. 10.93 crore in Q2 FY26, impacting profitability.
- Income on Investments slightly decreased to Rs. 764.06 crore in Q2 FY27 from Rs. 767.03 crore in Q2 FY26.
📅 Company Track Record
Jammu & Kashmir Bank previously reported Q1 FY27 net profit of Rs. 424.18 crore with Gross NPA at 2.37%. For Q2 FY26, the net profit was Rs. 494.11 crore, and Gross NPAs stood at 3.32%. The current results show a continuation of profit growth and asset quality improvement trends from previous quarters.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Jammu & Kashmir Bank's standalone 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 was the Gross NPA percentage for Jammu & Kashmir Bank in Q2 FY27?
The percentage of Gross NPAs to Gross Advances for Jammu & Kashmir Bank was 2.23% as of September 30, 2026.
How much did Jammu & Kashmir Bank's total deposits stand at in Q2 FY27?
Total deposits for Jammu & Kashmir Bank were Rs. 1,76,795.93 crore as of September 30, 2026.
What was the Capital Adequacy Ratio (Basel III) for Jammu & Kashmir Bank in Q2 FY27?
The Capital Adequacy Ratio (Basel III) for Jammu & Kashmir Bank was 16.57% as of September 30, 2026.
What was Jammu & Kashmir Bank's Interest Earned in Q2 FY27?
Jammu & Kashmir Bank's Interest Earned for the quarter ended September 30, 2026, was Rs. 3,727.09 crore.
Questions based on this BSE filing only. For information purposes.