The Jammu & Kashmir Bank Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting

J&K Bank's board has approved the financial results for the quarter. Consolidated Net Profit rose ~16% YoY to Rs 484.53 Cr. Net Interest Income grew ~10% YoY, with operating profit also jumping ~10% YoY to Rs 674.45 Cr.

Deposits climbed 12% YoY to Rs 1.48 lakh Cr, while Net Advances increased 6% to Rs 1.01 lakh Cr. Asset quality improved, with Gross NPAs at 3.50% and Net NPAs at 0.82%. Capital Adequacy Ratio is a robust 15.98%. A one-time impairment provision of Rs 87.47 Cr related to an investment impacted profit this quarter. Management is focused on expanding operations and digital capabilities for future growth.