J&K Bank profit jumps 26% to Rs 531crore in Q3

Jammu and Kashmir Bank today announced robust financial results for the October-December quarter (Q3 FY 2025), with net profit rising by 26.2 per cent year-on-year (YoY) to Rs 531.51 crore, compared to Rs 421.08 crore reported during the same period last fiscal.

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The Bank’s board of directors approved the quarterly and nine-month performance during a meeting held at the Bank’s Zonal Office in Jammu. A bank official confirmed, “The Bank is well on track to meet its annual profitability target, with net profit for the first nine months of the current financial year jumping by 32.7 per cent YoY to Rs 1497.92 crore, up from Rs 1128.60 crore during the same period last year, reflecting sustained growth.”

MD & CEO Amitava Chatterjee commented on the results, stating, “These Q3 results affirm our strong fundamentals and operational efficiency. A 26.2 per cent YoY increase in quarterly net profit, coupled with a 32.7 per cent rise for the nine-month period, demonstrates our continued focus on delivering value to stakeholders despite dynamic market conditions. Additionally, our Cost-to-Income Ratio has improved by over 5 per cent YoY due to efficiency gains.”

Chatterjee further emphasised, “As we approach the final quarter of the current fiscal year, our goal is to continue scaling up growth while providing superior value to stakeholders through enhanced customer engagement and improved operational efficiency.”