# J&K Bank Q2 profit rises 10.5% to ₹546 crore, asset quality best in decade 2026-10-22T09:51:46+00:00 | Governance | Indian Opinion Desk Corroboration: 3 independent outlets Jammu & Kashmir Bank reported a 10.5% year-on-year rise in net profit to ₹546 crore for the September quarter of FY27, compared with ₹494.11 crore a year earlier. Net interest income grew 4.7% to ₹1,502 crore, while operating profit jumped 26.7% to ₹789 crore, driven by a doubling of other income. Asset quality improved to its best level in a decade, with gross NPAs declining to 2.23% as of 30 September from 2.37% in the previous quarter. Net NPAs fell to 0.51% from 0.60%, and the provision coverage ratio rose to 91.76%, also a decade high. Return on assets improved 20 basis points sequentially to 1.07%, moving above the 1% mark. CEO Amitava Chatterjee said the quarter's stronger earnings performance, including the recovery in RoA above 1%, marked encouraging progress. Shares of the bank traded at ₹136.35 on the BSE, up 0.52%, after hitting an intraday high of ₹142. ## Indian Opinion Analysis cnbctv18.com reports a 10.5% YoY net profit rise to ₹546 crore for the September quarter, flagging a decade-best asset quality with GNPA at 2.23%. TradingView gives only a one-line figure of ₹5.46 billion (₹546 crore), consistent with that profit number. scanx.trade, covering the bank's FY26 annual results and AGM, does not report the Q2 figure at all, focusing instead on the ₹2,363.47 crore FY26 profit and capital-raising plans. The two newer sources agree on the Q2 net profit and share-price reaction, differing only in depth. scanx.trade provides no Q2 data to compare, making the coverage lopsided rather than contradictory. The key concrete item now is the bank's FY27 half-yearly related-party transaction disclosure of ₹82.51 crore, which no source explicitly links to these earnings. ## Coverage Coverage: 3 sources, 3 neutral - scanx.trade (neutral report) Focuses on FY26 annual results and AGM, not Q2 - tradingview.com (neutral report) One-line Q2 net profit figure only - cnbctv18.com (neutral report) Full Q2 beat with decade-best asset quality framing This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Tags: Amitava Chatterjee, BSE, CNBC-TV18, Jammu and Kashmir Bank, Srinagar Canonical: https://indianopinion.org/j-k-bank-q2-profit-rises-10-5-to-rs546-crore-asset-quality-best-in-decade/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/j-k-bank-q2-profit-rises-10-5-to-rs546-crore-asset-quality-best-in-decade/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/