J&K Bank's Q2 profit rises 28.8% QoQ
Srinagar, Oct. 22 -- Supported by growth in earnings and further improvement in asset quality, J&K Bank today reported 28.8% rise quarter-on-quarter and 10.6% rise year-on-year in its net profit to Rs 546.36 Cr for the quarter (Q2) ended September 30, 2026, when compared with Rs 424.18 Cr and Rs 494.11 Cr recorded during Q1 FY 2026-27 and Q2 FY 2025-26 respectively.
The Bank announced the financial results after its Board of Directors reviewed and approved the quarterly and half-yearly figures at a meeting held at the Bank's corporate headquarters on 22nd October 2026.
Operating Performance: The Bank's Net Interest Income (NII) rose 5% YoY during the quarter to Rs 1502 Cr. During the quarter, other income doubled to Rs 314.90 Cr YoY fro...
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