The Jammu & Kashmir Bank Limited — Investor Meet, 18-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Jammu and Kashmir Bank reported Q2 FY26 Net Profit of ₹494.11 Cr (-10.3% YoY) and flat Net Interest Income at ₹1433.99 Cr. Other Income declined significantly (-47.7% YoY) due to negative treasury income, impacting Operating Profit (-20.9% YoY). Deposits grew 10.2% to ₹1,52,030 Cr and Net Advances by 9.4% to ₹1,05,153 Cr. Asset quality improved, with GNPA at 3.32% (vs 3.95% YoY) and NNPA at 0.76% (vs 0.85% YoY), supported by a strong PCR of 90.39%. The Cost to Income Ratio rose to 60.81%. The bank emphasizes its 'Turnaround Story,' focusing on continued asset quality improvement, retail/MSME/agriculture segment growth, and digital transformation, with over 94% of transactions now digital. Strategic priorities include growing CASA deposits and boosting non-interest income. The bank remains well-capitalized with a CRAR of 15.27%.