Jammu & Kashmir Bank announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: The Bank’s net profit for Q4FY25 stood at Rs 584.54 crore, up 10% QoQ from Rs 531.51 crore recorded during the Q3FY25. During the quarter, the Bank’s Return on Assets (RoA) reached healthy levels to 1.44% QoQ as against 1.34% recorded during the Q3FY25. FY25 Financial Highlights: J&K; Bank has posted its highest-ever annual net profit of Rs 2,082.46 crore for the FY25, marking a hattrick of highestever profits since FY23. The Bank registered a year-on-year growth of over 17.83% compared to Rs 1,767.27 crore reported for FY24. With its other income crossing Rs 1,000 crore mark at Rs 1136.81 crore and up YoY by 37.7%, the Bank’s Net Interest Income (NII) grew 11.34 % YoY to Rs 5,793.82 crore while the net interest margin (NIM) stood at 3.92%. The Bank’s operating profit also rose 28.7% and stood at Rs 2,929.79 crore. J&K; Bank’s total deposits increased by 10.24% YoY to Rs 1,48,569.46 crore as on March 31, 2025, compared to Rs 1,34,774.89 crore last year, grew by 5.4%. Net Advances rose to Rs 1,04,198.72 crore, registering a growth of 11.13% from Rs 93,762.51 crore a year ago, grew by 8.6%. The Bank’s CASA Ratio stood at 47.01%, maintaining a healthy share of low-cost deposits in the overall mix. Asset Quality: Reinforcing its commitment to credit discipline and risk management, the Bank’s Gross NPA ratio declined sharply by 71 bps to 3.37% from 4.08% recorded a year ago, while the Net NPA ratio stood at 0.79%. The Provision Coverage Ratio (PCR) remains strong at over 90%, underscoring the Bank’s focus on prudential provisioning. Capital Adequacy: The Bank’s CAR stood at 16.29% as on March 31, 2025, providing ample cushion for future growth and investments in digital and operational capabilities. Amitava Chatterjee, MD & CEO, J&K; bank, said: “We are delighted to present yet another record-breaking performance with our all-time high net profit of Rs 2082 crore, while maintaining NIM at 3.92% despite industry wise pressure on margins owing to the rising cost of deposits. Achieving a hattrick of historic profits over the past three years is a reflection of the trust our customers place in us, the dedication of our staff, and the strategic direction laid out by the leadership team.” “With our core fortified and transformation underway, we are prepared to scale up growth operations in high-potential geographies and deepening our presence in core markets, especially in J&K; and Ladakh. Going forward, we aim to maintain this growth momentum with increased emphasis on retail, MSME, and agriculture lending – while accelerating our digital transformation to further enhance customer experience.” “Adorned with a milestone of advances crossing Rs 1 Lakh crore mark, the Bank’s business performance reflects resilience and adaptability. Despite competitive pressures, the Bank has managed to maintain a CASA ratio of 47% – which continues to be among the best in the industry. This, coupled with a double-digit growth in advances and deposits, signifies the growing trust and deep-rooted relationships we enjoy across our customer base in the country.” “With our planned expansion in high-growth markets, we are well-positioned to capture emerging opportunities in the current financial year.” “Our continued improvement in asset quality is reflective of process excellence in credit appraisal, focused monitoring and sectoral diversification. We have not only met but improved upon our annual guidance on asset quality. This reaffirms our goal of building a resilient, future-ready bank,” “Our digital transformation is not just about efficiency but about reimagining customer experience.” “Our ESG focus includes green banking, sustainable lending and internal reforms to reduce carbon footprint – all integral to our larger purpose of responsible growth.” “Our HR strategy revolves around talent transformation. By reskilling and upskilling staff, we are creating a future-ready workforce aligned with evolving business and organisational needs of the Bank,” “During the year, we undertook a diverse range of impactful CSR initiatives across key sectors such as healthcare, environmental sustainability, education, and skill development. With a total financial outlay of over Rs 31 crore, these interventions reflect the Bank’s continued commitment to inclusive and sustainable development across the region. With improved profitability, we aim to enhance our contributions toward the overall social good during the current financial year.” “We are proud to be an institution of systemic importance for economic transformation in our core geographies. We reaffirm our purpose everyday by supporting businesses led by young, energetic entrepreneurs and promoting inclusive growth.” “On behalf of the entire leadership team, I extend heartfelt thanks to our customers, all shareholders especially our promoters, members on our board, our employees and regulators for their continued support and trust.” Result PDF