India's Jammu and Kashmir Bank rises after robust quarterly results

Jammu And Kashmir Bank

06/05/2026 04:46

** Jammu and Kashmir Bank JKBK.NS shares rise 2.4% to 137.92 rupees

** Co's Q4 net profit of 7.98 billion rupees vs 5.85 billion rupees last year

** Interest earned rose to 32.72 billion from 32.12 billion

** "The consistent improvement in asset quality, alongside a healthy business growth, now extending to 6 consecutive years, continues to remain a hallmark of performance," management says on earnings call

** JKBK holds a trailing 12-months PE of 6.92 vs industry median of 10.88

** YTD, stock up 34.4% vs 8.4% fall in Nifty Bank Index .NSEBANK

(Reporting by Abhinav Parmar in Bengaluru)

((Abhinav.Parmar@thomsonreuters.com;))