The Jammu & Kashmir Bank Limited has submitted its Audited Standalone Financial Results for the quarter and financial year ended 31st March, 2025. Key highlights include:
- Net Profit for the financial year 2024-25 stood at ₹2082.46 crore, compared to ₹1767.27 crore in the financial year 2023-24.
- Net Profit for the quarter ended 31st March, 2025 was ₹584.54 crore, compared to ₹638.67 crore in the corresponding quarter of the previous year.
- Asset quality showed improvement with Gross NPA at 3.37% as on 31st March, 2025, down from 4.08% as on 31st March, 2024.
- Net NPA was reported at 0.79% as on 31st March, 2025, stable compared to 0.79% as on 31st March, 2024.
- Gross NPA amount was ₹3604.84 crore (₹3956.19 crore previous year) and Net NPA amount was ₹818.07 crore (₹736.85 crore previous year) as on 31st March, 2025.
- Capital Adequacy Ratio (Total) improved to 16.29% as on 31st March, 2025 (vs 15.33% previous year), with CET1 Ratio at 12.95% (vs 12.02%) and Tier 1 Ratio at 13.96% (vs 13.09%).
- Deposits grew to ₹148569.46 crore as on 31st March, 2025 (vs ₹134776.32 crore previous year).
- Advances increased to ₹104198.72 crore as on 31st March, 2025 (vs ₹93762.51 crore previous year).
- Earnings Per Share (Basic & Diluted) for FY25 was ₹18.91 (vs ₹16.80 for FY24).