J&K Bank posts net profit of Rs 424 Cr for Q1
Srinagar, July 29 -- 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.
Business Growth
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 sa...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.