Jammu and Kashmir Bank Ltd's Q4FY25 Quarter Results
- 06 May 2025
Result Summary
- Jammu and Kashmir Bank Ltd reported a 9.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 17.1%.
- Its expenses for the quarter were down by 8.5% QoQ and up 10.9% YoY.
- The net profit increased 19.8% QoQ and increased 34.0% YoY.
- The earnings per share (EPS) of Jammu and Kashmir Bank Ltd stood at 5.8 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 3139.04 | 3451.71 | 2680.68 | -9.1% | 17.1% |
Total Expenses | 2473.68 | 2703.05 | 2230.51 | -8.5% | 10.9% |
Provisions & contingencies | -165.05 | -9.80 | -175.20 | 1584.2% | -5.8% |
Profit Before Tax | 830.41 | 758.46 | 625.37 | 9.5% | 32.8% |
Tax | 190.61 | 226.54 | 148.64 | -15.9% | 28.2% |
Profit After Tax | 633.44 | 528.60 | 472.62 | 19.8% | 34.0% |
Earnings Per Share | 5.80 | 4.80 | 4.90 | 20.8% | 18.4% |
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 primarily engaged in providing banking and financial services. The bank operates extensively in the Indian banking sector, focusing on retail banking, corporate banking, and other financial services. As a significant player in the industry, it caters to a diverse clientele, including individuals, businesses, and governmental bodies. The bank's operations are centered on traditional banking products like savings and current accounts, fixed deposits, loans, and credit services. Recent developments include efforts to expand its digital banking footprint, enhancing customer experience and operational efficiency. However, specific recent events or strategic changes within the company are not detailed within the available data.
Revenue
During the fourth quarter of the fiscal year 2025 (Q4FY25), Jammu and Kashmir Bank Ltd reported a total income of ₹3139.04 crores. This reflects a quarter-over-quarter (QoQ) decrease of 9.1% from ₹3451.71 crores in Q3FY25. However, on a year-over-year (YoY) basis, there was a significant increase of 17.1% compared to ₹2680.68 crores in Q4FY24. The performance indicates a notable growth in total income over the year, despite a decline in the most recent quarter. These figures highlight the dynamic nature of the bank's revenue streams and their responsiveness to economic and market conditions.
Profitability
In Q4FY25, Jammu and Kashmir Bank Ltd achieved a profit before tax (PBT) of ₹830.41 crores, which marked a 9.5% increase from ₹758.46 crores in Q3FY25. The YoY growth in PBT was even more pronounced at 32.8%, up from ₹625.37 crores in Q4FY24. The company's tax expenses for Q4FY25 were ₹190.61 crores, showing a decrease of 15.9% QoQ from ₹226.54 crores, yet reflecting an increase of 28.2% YoY from ₹148.64 crores. Consequently, profit after tax (PAT) rose to ₹633.44 crores, up by 19.8% QoQ and 34.0% YoY. Earnings per share (EPS) also improved, reaching ₹5.80 from ₹4.80 in the previous quarter, and ₹4.90 in the same quarter last year, reflecting increases of 20.8% QoQ and 18.4% YoY, respectively.
Operating Metrics
The total expenses for the bank in Q4FY25 amounted to ₹2473.68 crores, decreasing by 8.5% from ₹2703.05 crores in Q3FY25. Compared to Q4FY24, there was a 10.9% increase from ₹2230.51 crores. Notably, provisions and contingencies were reported at -₹165.05 crores for Q4FY25, which is a significant increase of 1584.2% compared to -₹9.80 crores in Q3FY25, but decreased by 5.8% YoY from -₹175.20 crores. These provisions and contingencies figures are particularly noteworthy, suggesting substantial changes in expected credit losses or other reserve requirements. These operational figures demonstrate the bank's cost management strategies and adaptability to current economic circumstances.
