JAMMU & KASHMIR BANK LTD. - 532209 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Concall25-10-2023
25-10-2023
JAMMU & KASHMIR BANK LTD. - 532209 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Presentation and Audio of Concall23-10-2023
Q2FY24 Quarterly Result Announced for Jammu & Kashmir Bank Ltd.
Jammu & Kashmir Bank Ltd announced Q2FY24 results: 1. Financial Performance: - J&K; Bank's net profit increased by 56.5% YoY to Rs 381.07 Cr in Q2 of CFY. - The net profit for H1 jumped by 73% to Rs 707.52 Cr. - Net Interest Income (NII) rose by 11% YoY to Rs 1,333.83 Cr for the September quarter. - Operating profit rose by 23% YoY for the reviewed half-year of CFY. - Return on Assets improved significantly to 1.08% from 0.71% last year. - Other income witnessed an increase of 31% YoY to Rs 190.31 Cr for the September quarter. 2. Asset Quality: - Gross NPA ratio reduced by 51 basis-points QoQ to 5.26% and YoY by 241 basis-points to 7.67%. - Net NPA ratio moderated by over 35 basis-points in sequential terms to 1.04%. - Provision Coverage Ratio (PCR) improved by 441 basis-points to 89.99%. - The bank's asset-quality has vastly improved during the last two years with low slippage ratio. 3. Business Growth: - Deposits and Advances of the bank grew YoY by 9% and 18% respectively. - Yield on Advances improved to 9.50% for the quarter. - CASA fell but still remains one of the highest in the industry. - The bank is on track to achieve top-line growth numbers in line with the business plan. - Measures have been initiated to mobilize deposits, including self-serviced online account opening and QR-Code coverage campaigns. 4. Capital Position: - Capital Adequacy Ratio stood at 14.53% as against 12.86% last year. - The bank is on track to achieve the annual guidance of CRAR at 16%. - Digital transformation is prioritized to extend convenience, security, and satisfaction to customers. Result PDF23-10-2023
JAMMU & KASHMIR BANK LTD. - 532209 - Announcement under Regulation 30 (LODR)-Newspaper Publication
NEWSPAPER PUBLICATION REGARDING REVIEWED FINANCIAL RESULTS OF THE BANK FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 202323-10-2023
JAMMU & KASHMIR BANK LTD. - 532209 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
PRESS RELEASE ON REVIEWED FINANCIAL RESULTS OF THE BANK FOR THE QUARTER 30TH SEPTEMBER, 202320-10-2023
JAMMU & KASHMIR BANK LTD. - 532209 - REVIEWED FINANCIAL RESULTS (STANDALONE & CONSOLIDATED) OF THE BANK FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2023
REVIEWED FINANCIAL RESULTS OF THE BANK20-10-2023
JAMMU & KASHMIR BANK LTD. - 532209 - CLARIFICATION REGARDING OUTCOME OF BOARD MEETING (RAISING OF CAPITAL BY THE BANK - FY 2023 - 24)
CLARIFICATION REGARDING RAISING OF CAPITAL BY THE BANK20-10-2023
JAMMU & KASHMIR BANK LTD. - 532209 - Related Party Transaction Report For The Half Year Ended September 30, 2023
Related Party Transaction report for the Half Year Ended September 30, 202320-10-2023
JAMMU & KASHMIR BANK LTD. - 532209 - STATEMENT OF DEVIATION(S) OR VARIATION(S) UNDER REGULATION 32 OF SEBI (LODR) REGULATIONS, 2015
STATEMENT OF DEVIATION(S) OR VARIATION(S)20-10-2023
JAMMU & KASHMIR BANK LTD. - 532209 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Dr. Mandeep K Bhandari, IAS as an Additional Director on the Board of the Bank20-10-2023