Jammu and Kashmir Bank's Q1 FY 2026-27 Quarterly Results
- 30 Jul 2026
Result Summary
- Jammu and Kashmir Bank Ltd reported a 6.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 6.9%.
- Its expenses for the quarter were up by 16.7% QoQ and 7.4% YoY.
- The net profit decreased 46.3% QoQ and decreased 11.5% YoY.
- The earnings per share (EPS) of Jammu and Kashmir Bank Ltd stood at 3.89 during Q1 FY 2026-27.
Financial Statments for Q1 FY 2026-27
(₹ crores) | Q1FY27 | Q4FY26 | Q1FY26 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 3764.96 | 3535.79 | 3522.65 | 6.5% | 6.9% |
Total Expenses | 3060.13 | 2623.20 | 2848.20 | 16.7% | 7.4% |
Provisions & contingencies | 84.03 | 50.26 | 15.09 | 67.2% | 456.9% |
Profit Before Tax | 620.80 | 862.33 | 659.36 | -28.0% | -5.8% |
Tax | 195.48 | 63.18 | 173.36 | 209.4% | 12.8% |
Profit After Tax | 428.80 | 798.56 | 484.53 | -46.3% | -11.5% |
Earnings Per Share | 3.89 | 7.25 | 4.40 | -46.3% | -11.6% |
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 financial institution headquartered in Srinagar, India. The bank operates primarily in the banking industry, offering a wide range of financial products and services. These include retail banking, corporate banking, and treasury operations. Jammu and Kashmir Bank has a significant presence in the northern regions of India and operates a network of branches to cater to its customers. The bank has been focusing on expanding its digital banking capabilities to enhance customer experience. There are no recent major developments available for the company beyond this known information.
Revenue
During the first quarter of the fiscal year 2027 (Q1FY27), Jammu and Kashmir Bank Ltd reported a total income of ₹3764.96 crores. This represents a quarter-over-quarter (QoQ) increase of 6.5% compared to the previous quarter (Q4FY26), where the total income was ₹3535.79 crores. On a year-over-year (YoY) basis, the total income saw an increase of 6.9% from ₹3522.65 crores in Q1FY26. The growth in total income reflects the bank's ability to generate higher revenue streams in the current quarter compared to both the previous quarter and the corresponding quarter of the previous year.
Profitability
The company's profitability metrics for Q1FY27 indicate a decrease in performance relative to previous periods. The profit before tax for this quarter was ₹620.80 crores, showing a decline of 28.0% QoQ from ₹862.33 crores in Q4FY26, and a 5.8% decrease YoY from ₹659.36 crores in Q1FY26. The tax expenses for the current quarter were significantly higher at ₹195.48 crores, marking a 209.4% increase QoQ and a 12.8% increase YoY. Consequently, the profit after tax for Q1FY27 was ₹428.80 crores, down by 46.3% QoQ from ₹798.56 crores and by 11.5% YoY from ₹484.53 crores. Earnings per share correspondingly decreased to ₹3.89, reflecting a 46.3% QoQ and an 11.6% YoY decline.
Operating Metrics
The operating expenses of Jammu and Kashmir Bank Ltd in Q1FY27 were reported at ₹3060.13 crores, a notable increase of 16.7% QoQ from ₹2623.20 crores in Q4FY26, and a 7.4% increase YoY from ₹2848.20 crores in Q1FY26. Provisions and contingencies for the quarter were ₹84.03 crores, which is a significant jump of 67.2% QoQ compared to ₹50.26 crores in the preceding quarter and a dramatic 456.9% YoY increase from ₹15.09 crores in the same quarter last year. These increases in key operating metrics highlight the financial adjustments and provisions the bank has made in response to its business environment during this period.
FAQs
Jammu and Kashmir Bank Ltd announced its Q1 FY 2026-27 results on 30 July, 2026.
Jammu and Kashmir Bank Ltd quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.
Key highlights of Jammu and Kashmir Bank Ltd Q1 FY 2026-27 results include:
- Revenue: ₹3764.96 crore
- Net Profit: ₹428.80 crore
- EBITDA: ₹2669.50 crore
- Year-over-Year Growth: 6.9%
- Quarter-over-Quarter Growth: 6.5%
Jammu and Kashmir Bank Ltd reported a net loss of ₹428.80 crore in Q1 FY 2026-27, reflecting a -11.5% year-over-year growth.
Jammu and Kashmir Bank Ltd posted a revenue of ₹3764.96 crore in Q1 FY 2026-27.