JAMMU & KASHMIR BANK 's Q3 2024-25 Latest News: Financial Results Announced -

Highlights

🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
🔹 Revenue over the Year and quarter: The company experienced a substantial growth of 11.4 % in the past year, substantial increase in revenue by 2.75 %.
🔹 Profit over the Year and quarter: Significant improvement in profitability for JAMMU & KASHMIR BANK LTD.. Notable increase of 25.03 % in net profit Year to Year, JAMMU & KASHMIR BANK LTD.’s profitability dropped by -4.37 % Quarter to Quarter.
🔹 EPS over the Year and quarter: EPS increased by 18.52 % Year to Year. EPS decreased by -4.38 % in previous quarter. Analysis needed for shareholder value.
🔹 Gross NPA % over the Year and quarter: Gross NPA escalated by 3.29 % this quarter. Leading to a -15.7 % reduction over the past year.
🔹 Net NPA % over the Year and quarter: Net NPA increased by 10.59 % this quarter. Resulting in an overall annual rise of 13.25 %.

Quarterly data presents an overview of a company’s financial performance every three months, crucial for assessing its market position. Reports typically include metrics like sales, earnings, and expenses, as well as significant deals such as mergers and block transactions. By examining these quarterly insights, stakeholders can better understand market trends and corporate strategies. Read JAMMU & KASHMIR BANK LTD.‘s latest quarterly report.This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics	Previous Year	Previous Quarter	Current Quarter	Quarter to Quarter Difference	Year to Year Difference
Revenue	Rs. 2881.2 Cr	Rs. 3123.66 Cr	Rs. 3209.67 Cr	+ 2.75 %	+ 11.4 %
Interest	Rs. 1600.29 Cr	Rs. 1687.42 Cr	Rs. 1697.2 Cr	+ 0.58 %	+ 6.06 %
Expenses	Rs. 905.82 Cr	Rs. 980.06 Cr	Rs. 996.05 Cr	+ 1.63 %	+ 9.96 %
Financing Profit	Rs. 375.09 Cr	Rs. 456.18 Cr	Rs. 516.42 Cr	+ 13.21 %	+ 37.68 %
Financing Margin %	13.02 %	14.6 %	16.09 %	+ 1.49 %	+ 3.07 %
Other Income	Rs. 185.77 Cr	Rs. 300.65 Cr	Rs. 242.04 Cr	-19.49 %	+ 30.29 %
Depreciation	Rs. 0 Cr	Rs. 0 Cr	Rs. 0 Cr	0 %	0 %
Profit before tax	Rs. 560.86 Cr	Rs. 756.83 Cr	Rs. 758.46 Cr	+ 0.22 %	+ 35.23 %
Tax %	24.8 %	26.98 %	29.87 %	+ 2.89 %	+ 5.07 %
Net Profit	Rs. 422.77 Cr	Rs. 552.78 Cr	Rs. 528.6 Cr	-4.37 %	+ 25.03 %
EPS in Rs	Rs. 4.05	Rs. 5.02	Rs. 4.8	-4.38 %	+ 18.52 %
Gross NPA %	4.84 %	3.95 %	4.08 %	+ 0.13 %	-0.76 %
Net NPA %	0.83 %	0.85 %	0.94 %	+ 0.09 %	+ 0.11 %

Today, we’re looking at JAMMU & KASHMIR BANK LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year revenue growth of 11.4 %. However, it did see a marginal increase of 2.75 % from the previous quarter. Interest expenses surged remarkably by 0.58 % from the previous quarter, yet the year-over-year increase remains at a moderate 6.06 %. Expenses ticked up slightly by 1.63 % quarter-on-quarter, aligning with the annual rise of 9.96 %.
Financing profit, while up 37.68 % compared to last year, faced a quarter-on-quarter increase of 13.21 %, signaling a short-term expansion in margins. The Financing Margin % echoes this narrative, showing resilience on an annual basis with an increase of 3.07 %, but an expansion of 1.49 % sequentially. Other income fell by -19.49 % compared to the last quarter, despite an annual growth of 30.29 %. Profit before tax grew annually by 35.23 % but saw an increase from the preceding quarter by 0.22 %. Tax expenses as a percentage of profits increased slightly by 5.07 % compared to last year, With a more notable quarter-on-quarter increase of 2.89 %.
Net profit rose by 25.03 % year-on-year, but witnessed a -4.37 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 18.52 % but a quarterly fall of -4.38 %. The Gross NPA% illustrates a promising trend with a quarterly rise of 0.13 % and an annual decline of -0.76 %, pointing to weakening recovery efforts and a deteriorating credit environment. In contrast, the Net NPA% showcases improvements, revealing a quarterly increase of 0.09 % and an annual growth of 0.11 %, signaling enhanced asset quality and stronger risk management. In summary, JAMMU & KASHMIR BANK LTD.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics	Previous Year	Previous Quarter	Current Quarter	Quarter to Quarter Difference	Year to Year Difference
Revenue	Rs. 2881.2 Cr	Rs. 3123.66 Cr	Rs. 3209.67 Cr	+ 2.75 %	+ 11.4 %
Interest	Rs. 1600.29 Cr	Rs. 1687.42 Cr	Rs. 1697.2 Cr	+ 0.58 %	+ 6.06 %
Expenses	Rs. 905.82 Cr	Rs. 980.06 Cr	Rs. 996.05 Cr	+ 1.63 %	+ 9.96 %
Financing Profit	Rs. 375.09 Cr	Rs. 456.18 Cr	Rs. 516.42 Cr	+ 13.21 %	+ 37.68 %
Net Profit	Rs. 422.77 Cr	Rs. 552.78 Cr	Rs. 528.6 Cr	-4.37 %	+ 25.03 %
EPS in Rs	Rs. 4.05	Rs. 5.02	Rs. 4.8	-4.38 %	+ 18.52 %
Gross NPA %	4.84 %	3.95 %	4.08 %	+ 0.13 %	-0.76 %
Net NPA %	0.83 %	0.85 %	0.94 %	+ 0.09 %	+ 0.11 %

In reviewing JAMMU & KASHMIR BANK LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Revenue saw a robust 11.4 % year-on-year growth, however, there was a minor increase of 2.75 % from the previous quarter. Interest expenses climbed by 0.58 % quarterly and sharply by 6.06 % annually, demonstrating effective cost control and improved debt management. Expenses rose by 9.96 % compared to the previous year, with a 1.63 % increase quarter-on-quarter. Financing Profit surged by 37.68 % annually, and saw a 13.21 % increase from the last quarter.
Net Profit showed yearly increase of 25.03 %, and experienced a -4.37 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 18.52 % annually, however dipped by -4.38 % compared to the last quarter. Gross NPA% increased slightly by 0.13 % quarterly and fell by -0.76 % annually, showcasing improvements in asset quality. Net NPA% improved by 0.09 % quarterly and increased by 0.11 % annually, indicating challenges in recovery and risk management strategies. In essence, while JAMMU & KASHMIR BANK LTD. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.