Jammu and Kashmir

Jammu and Kashmir Bank delivered a record annual net profit of ₹2,363 croreCurrent reported value: ₹2,363 crore. No comparable prior figure is available in the source record. for FY26, with Q4 PAT of ~₹800 crore (up 36% QoQ). The bank surpassed most guidance metrics, including credit growth of 16.8%Current reported value: 16.8%. No comparable prior figure is available in the source record. (vs. 12% guidance) and deposit growth of 11.3%Current reported value: 11.3%. No comparable prior figure is available in the source record.. NIM moderated to 3.60% due to 125 bps rate cuts, but cost efficiencies drove operating leverage, with employee costs declining ~4%. Asset quality improved further: GNPA at 2.50%Current 2.50%. Reported change: -70bps YoY. and NNPA at 0.64%Current 0.64%. Reported change: -26bps YoY., with gross slippage of just 0.82%. Management guided conservatively for FY27: credit growth 12%, NIM ~3.5%, ROA ~1.37%, and GNPA <2.25%. Key risk: ECL implementation from April 2027 may require ₹1,600-1,700 crore additional provisions, though management expects credit costs to remain below 0.2%.