Jammu and Kashmir Bank's Q1 FY 2025-26 Quarter Results
- 26 Jul 2025
Result Summary
- Jammu and Kashmir Bank Ltd reported a 12.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.3%.
- Its expenses for the quarter were up by 15.1% QoQ and 9.7% YoY.
- The net profit decreased 23.5% QoQ and increased 15.8% YoY.
- The earnings per share (EPS) of Jammu and Kashmir Bank Ltd stood at 4.4 during Q1 FY 2025-26.
Financial Statments for Q1 FY 2025-26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 3522.65 | 3139.04 | 3192.78 | 12.2% | 10.3% |
Total Expenses | 2848.20 | 2473.68 | 2596.53 | 15.1% | 9.7% |
Provisions & contingencies | 15.09 | -165.05 | -17.47 | -109.1% | -186.4% |
Profit Before Tax | 659.36 | 830.41 | 613.72 | -20.6% | 7.4% |
Tax | 173.36 | 190.61 | 196.99 | -9.0% | -12.0% |
Profit After Tax | 484.53 | 633.44 | 418.50 | -23.5% | 15.8% |
Earnings Per Share | 4.40 | 5.80 | 3.80 | -24.1% | 15.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jammu and Kashmir Bank Ltd is a prominent financial institution in India, primarily serving the region of Jammu and Kashmir, although it has a nationwide presence. The bank operates within the financial services industry, offering a wide range of banking products and services including retail banking, corporate banking, and treasury operations. As a state-owned bank, it plays a significant role in the economic framework of its operational region. There are no specific recent developments for Jammu and Kashmir Bank Ltd provided within the data, and any further information outside of this context isn't available.
Revenue
For the quarter ending Q1FY26, Jammu and Kashmir Bank Ltd reported a total income of ₹3,522.65 crores. This represents a quarter-over-quarter increase of 12.2% from Q4FY25, where the total income was ₹3,139.04 crores. Compared to the same period last year in Q1FY25, where total income was ₹3,192.78 crores, the bank recorded a year-over-year growth of 10.3%. The consistent growth in revenue indicates a robust performance in income-generating activities for the bank over the past year.
Profitability
During Q1FY26, Jammu and Kashmir Bank Ltd recorded a profit after tax of ₹484.53 crores, reflecting a decrease of 23.5% from the previous quarter, Q4FY25, where the profit after tax stood at ₹633.44 crores. However, there is an observable year-over-year increase of 15.8% when compared to Q1FY25's profit after tax of ₹418.50 crores. The earnings per share for Q1FY26 was ₹4.40, down from ₹5.80 in Q4FY25, but higher than ₹3.80 in Q1FY25, mirroring the same trends in profit after tax. The profit before tax for Q1FY26 was ₹659.36 crores, which is a decrease from ₹830.41 crores in Q4FY25, yet shows a positive growth from ₹613.72 crores in Q1FY25.
Operating Metrics
Jammu and Kashmir Bank Ltd's total expenses for Q1FY26 were ₹2,848.20 crores, marking an increase of 15.1% from Q4FY25's total expenses of ₹2,473.68 crores. Year-over-year, total expenses rose by 9.7% compared to Q1FY25, which recorded expenses of ₹2,596.53 crores. Notably, the provisions and contingencies for Q1FY26 were ₹15.09 crores, in stark contrast to a negative value of ₹165.05 crores during Q4FY25 and negative ₹17.47 crores in Q1FY25, indicating a significant shift. Tax expenses decreased both quarter-over-quarter by 9.0% and year-over-year by 12.0%, with Q1FY26 taxes at ₹173.36 crores, compared to ₹190.61 crores in Q4FY25 and ₹196.99 crores in Q1FY25.