JK Bank Q1FY27 profit falls 12.5% as tax costs rise

Jammu & Kashmir Bank reported a 12.5% YoY decline in Q1FY27 standalone net profit to ₹424.18 crore, driven by increased tax expenses and higher standard asset provisions despite robust 25% credit growth and total business crossing ₹3 trillion. Jammu & Kashmir Bank reported a 12.5% year-on-year decline in standalone net profit for the quarter ended … Read more