Jammu & Kashmir Bank (J&K Bank), incorporated in Jammu & Kashmir, India, is a publicly held banking company engaged in providing a wide range of banking services including Retail Banking, Corporate Banking & Treasury Operations. It is the only Private Sector Bank in the country assigned with responsibility of convening State/UT Level Bankers’ Committee (SLBC/UTLBC) meetings. The Bank continued to discharge its lead bank responsibility satisfactorily in 12 districts of UT of J&K, i.e. Srinagar, Ganderbal, Budgam, Baramulla, Bandipora, Kupwara, Anantnag, Kulgam, Pulwama, Shopian, Poonch and Rajouri.
Financial Results:
Jammu and Kashmir Bank Ltd reported Revenues for Q3FY25 of ₹3,210.00 Crores up from ₹2,881.00 Crore year on year, a rise of 11.42%.
Total Expenses for Q3FY25 of ₹2,693.00 Crores up from ₹2,506.00 Crores year on year, a rise of 7.46%.
Consolidated Net Profit of ₹529.00 Crores up 25.06% from ₹423.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.80, up 25.00% from ₹3.84 in the same quarter of the previous year.