J&K Bank posts net profit of Rs 424 Cr for Q1
Srinagar: Delivering another quarter of steady financial performance, J&K Bank today posted a net profit of Rs 424.18 Cr for the quarter ended June 30, 2026. The Bank announced the financial results after the Board of Directors approved the quarterly numbers in a meeting held today at the Bank’s corporate headquarters.
Continuing its strong growth trajectory, the Bank’s advances grew by 25% YoY to Rs 130503 Cr during the quarter while the deposits increased by 17% year-on-year to Rs 173420 Cr. Consequently, the Bank’s total business registered a healthy growth of over 20%, crossing the historic milestone of Rupees Three Trillion and at Rs 303923 Cr as on June 30, 2026.
Speaking on business growth, MD & CEO said, “Crossing the landmark milestone of Rs 3 trillion in total business marks another defining moment in the Bank’s transformation journey. It reflects not merely scale but the deep trust of our customers and the consistent execution of our growth strategy. As we move forward, we shall continue to pursue balanced, customer-centric and technology-led growth while expanding our presence across the........
