Jammu & Kashmir Bank Ltd — earnings calls
1 quarter summarised from transcripts filed with the exchange, every statement cited. Newest first.
A withheld summary was generated but did not pass Parakho's publication checks; nothing that fails a check is shown. How we check these summaries
Jammu & Kashmir Bank reported a record annual net profit of Rs 2,363 crores for FY26 and a record quarterly profit of almost Rs 800 crores in Q4, up 36% quarter-on-quarter. Management said business grew 13.6% for the year with deposits up 11.3% and advances up 16.8%, while NIM moderated to 3.60% due to RBI rate cuts, and asset quality improved with GNPA at 2.50% and NNPA at 0.64%. For FY27, management gave conservative guidance of 12% credit growth, 10% deposit growth, CASA at 45%, NIM around 3.5%, ROA maintained at current levels, ROE around 16%, and Gross NPA below 2.25%.