REVIEWED FINANCIAL RESULTS (STANDALONE & CONSOLIDATED) OF THE BANK FOR THE QUARTER ENDED 30TH JUNE, 2026
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 01:57 PM IST · BSE ID: 0cd8c185-4539-45c4-9167-c1061d117a23
View Original BSE Filing (PDF)
💡
In Simple Terms
Jammu & Kashmir Bank announced its financial results for April-June 2026, showing a net profit of Rs. 424.18 crore.
🤖 AI Summary
- Jammu & Kashmir Bank reported standalone net profit of Rs. 424.18 crore for Q1 FY27, ended June 30, 2026.
- Total standalone income for the quarter reached Rs. 3,760.02 crore.
- Gross NPAs were 2.37% of gross advances and Net NPAs were 0.60% as of June 30, 2026.
- The bank's Capital Adequacy Ratio (BASEL III) was 16.67% for the quarter ended June 30, 2026.
- A change in accounting policy for PSLCs increased Q1 FY27 Profit after Tax by Rs. 56.29 crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Net Profit (Q1 FY27)
Rs. 424.18 crore
-12.51%
Standalone Total Income (Q1 FY27)
Rs. 3,760.02 crore
6.89%
Gross NPAs to Gross Advances (Q1 FY27)
2.37%
Net NPAs to Net Advances (Q1 FY27)
0.60%
Capital Adequacy Ratio (BASEL III) (Q1 FY27)
16.67%
Deposits (Q1 FY27)
Rs. 1,73,420.33 crore
16.75%
Advances (Q1 FY27)
Rs. 1,28,183.11 crore
26.62%
🏢 How This Affects the Company
The bank's total standalone income for Q1 FY27 increased to Rs. 3,760.02 crore from Rs. 3,517.06 crore in Q1 FY26, indicating growth in its core operations.
Net profit after tax for the quarter was Rs. 424.18 crore. The Gross NPA ratio decreased to 2.37% from 3.50% year-on-year, and Net NPA ratio decreased to 0.60% from 0.82% year-on-year, reflecting improved asset quality.
Not applicable — the filing primarily discloses financial performance and accounting policy changes, not operational shifts.
Improved NPA ratios (Gross NPA at 2.37% and Net NPA at 0.60%) suggest a reduction in credit risk for the bank compared to the prior year period.
👥 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 bank's financial performance, particularly the reported net profit of Rs. 424.18 crore and changes in asset quality indicators.
🔍
Management Signal
The Board's review and approval of financial results signal routine compliance with regulatory disclosure requirements and an ongoing focus on asset quality management.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — monitor sustained asset quality improvements and net profit trend.
Updates on the impact of accounting policy changes on future financial periods.
Management commentary regarding deposit and advance growth outlook.
MEDIUM RISK
While NPA ratios improved, a year-on-year decline in net profit and increased interest expended require attention.
💡 Investor Takeaway
Jammu & Kashmir Bank reported a standalone net profit of Rs. 424.18 crore for the quarter ended June 30, 2026. Gross NPAs improved to 2.37% from 3.50% YoY, and Net NPAs to 0.60% from 0.82% YoY. Total income increased to Rs. 3,760.02 crore.
⚖️ Strengths & Concerns
✅ Positives
- Net Profit After Tax increased to Rs. 424.18 crore in Q1 FY27 from Rs. 484.84 crore in Q1 FY26 (Note: this is a decrease, but using the exact filing numbers and showing a change in absolute terms is crucial. The AI needs to be careful not to label as a strength if it's a decrease. Re-evaluating: The growth from previous quarter is positive: 424.18 crore vs 797.80 crore. Year-on-year from 484.84 crore to 424.18 crore is a decrease. The prompt states to highlight 'real positives' and 'real concerns'. So, this can't be a strength. Let's look for true strengths.
- Gross NPA to Gross Advances ratio improved to 2.37% as of June 30, 2026, from 3.50% as of June 30, 2025, indicating asset quality improvement.
- Net NPA to Net Advances ratio improved to 0.60% as of June 30, 2026, from 0.82% as of June 30, 2025, reflecting reduced bad loans.
⚠️ Concerns
- Standalone Net Profit for the quarter ended June 30, 2026, was Rs. 424.18 crore, a decrease from Rs. 484.84 crore for the quarter ended June 30, 2025.
- Interest Expended increased to Rs. 2,048.88 crore in Q1 FY27 from Rs. 1,803.92 crore in Q1 FY26, impacting profitability.
📅 Company Track Record
A previous filing on July 21, 2026, announced the Board meeting scheduled for July 29, 2026, to approve the Q1 FY27 unaudited financial results, which has now been completed.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Jammu & Kashmir Bank's standalone net profit for the quarter ended June 30, 2026?
Jammu & Kashmir Bank reported a standalone net profit of Rs. 424.18 crore for the quarter ended June 30, 2026.
What was the Gross NPA ratio for Jammu & Kashmir Bank as of June 30, 2026?
The Gross NPA to Gross Advances ratio for Jammu & Kashmir Bank was 2.37% as of June 30, 2026.
What was Jammu & Kashmir Bank's total standalone income for Q1 FY27?
Jammu & Kashmir Bank's total standalone income for the quarter ended June 30, 2026, was Rs. 3,760.02 crore.
How did the change in accounting policy affect Jammu & Kashmir Bank's Q1 FY27 profit?
The change in accounting policy for Priority Sector Lending Certificates (PSLCs) increased the Bank's Profit after Tax for the quarter ended June 30, 2026, by Rs. 56.29 crore.
What was Jammu & Kashmir Bank's Capital Adequacy Ratio (BASEL III) as of June 30, 2026?
Jammu & Kashmir Bank's Capital Adequacy Ratio (BASEL III) was 16.67% as of June 30, 2026.
Questions based on this BSE filing only. For information purposes.