J&K Bank Q2 FY27: Consolidated total income Rs 4,047.06 cr; PAT Rs 552.70 cr

• Basis & period: Consolidated statement of financial results for the quarter ended 30.09.2026 (Q2 FY27), compared with the corresponding quarter ended 30.09.2025, both “REVIEWED” (see consolidated statement of financial results).

• Total income: Rs 4,047.06 cr in Q2 FY27 vs Rs 3,449.13 cr in Q2 FY26.

• Interest earned: Rs 3,728.78 cr in Q2 FY27 vs Rs 3,293.00 cr in Q2 FY26.

• Other income: Rs 318.28 cr in Q2 FY27 vs Rs 156.13 cr in Q2 FY26.

• Interest expended: Rs 2,224.58 cr in Q2 FY27 vs Rs 1,857.63 cr in Q2 FY26.

• Operating expenses (employee + other): Rs 1,032.06 cr in Q2 FY27 vs Rs 967.75 cr in Q2 FY26.

• Total expenditure (excluding provisions & contingencies): Rs 3,256.64 cr in Q2 FY27 vs Rs 2,825.38 cr in Q2 FY26.

• Operating profit before provisions and contingencies: Rs 790.42 cr in Q2 FY27 vs Rs 623.75 cr in Q2 FY26.

• Provisions (other than tax) and contingencies: Rs 72.35 cr in Q2 FY27 vs Rs (10.93) cr in Q2 FY26.

• Profit from ordinary activities before tax: Rs 718.07 cr in Q2 FY27 vs Rs 634.68 cr in Q2 FY26.

• Tax expense: Rs 170.77 cr in Q2 FY27 vs Rs 139.77 cr in Q2 FY26.

• Net profit from ordinary activities after tax: Rs 547.30 cr in Q2 FY27 vs Rs 494.91 cr in Q2 FY26.

• Share of profit/(loss) from associate concern: Rs 5.40 cr in Q2 FY27 vs Rs 0.01 cr in Q2 FY26.

• Net profit after tax after share in associates: Rs 552.70 cr in Q2 FY27 vs Rs 494.92 cr in Q2 FY26.

• Paid-up equity share capital (Face Value Rs. 1/- per share): Rs 110.13 cr in Q2 FY27 and Rs 110.13 cr in Q2 FY26.

• Basic and diluted EPS (before/after extraordinary items, not annualised): Rs 5.02 in Q2 FY27 vs Rs 4.49 in Q2 FY26.

In the consolidated statement of financial results for the quarter ended 30.09.2026, Jammu & Kashmir Bank reported total income of Rs 4,047.06 cr, up from Rs 3,449.13 cr in the corresponding quarter ended 30.09.2025. Interest earned rose to Rs 3,728.78 cr from Rs 3,293.00 cr, while other income increased to Rs 318.28 cr from Rs 156.13 cr over the same period.

On the cost side, interest expended increased to Rs 2,224.58 cr in Q2 FY27 from Rs 1,857.63 cr in Q2 FY26. Operating expenses, comprising employee cost and other operating expenses, were Rs 1,032.06 cr versus Rs 967.75 cr a year earlier. Total expenditure (excluding provisions and contingencies) stood at Rs 3,256.64 cr compared with Rs 2,825.38 cr in the corresponding prior quarter.

Operating profit before provisions and contingencies was Rs 790.42 cr in Q2 FY27, compared with Rs 623.75 cr in Q2 FY26. Provisions (other than tax) and contingencies amounted to Rs 72.35 cr in Q2 FY27 against Rs (10.93) cr in Q2 FY26. Profit from ordinary activities before tax came in at Rs 718.07 cr, up from Rs 634.68 cr in the year-ago quarter.

After a tax expense of Rs 170.77 cr (vs Rs 139.77 cr in Q2 FY26), net profit from ordinary activities after tax was Rs 547.30 cr, compared with Rs 494.91 cr a year earlier. Including the share of profit from the associate concern of Rs 5.40 cr (vs Rs 0.01 cr in Q2 FY26), net profit after tax after share in associates for the quarter ended 30.09.2026 was Rs 552.70 cr, up from Rs 494.92 cr in the corresponding prior period. Paid-up equity share capital remained at Rs 110.13 cr, and basic and diluted EPS (before and after extraordinary items, not annualised) was Rs 5.02 for Q2 FY27 versus Rs 4.49 for Q2 FY26, as per the consolidated statement of financial results.