Srinagar, Jul 29: Delivering another quarter of steady financial performance, J&K Bank on Wednesday posted a net profit of Rs 424.18 Cr for the quarter ended June 30, 2026. Business GrowthContinuing its strong growth trajectory, the bank's advances grew by 25% YoY to Rs 130503 Cr during the quarter while the deposits increased by 17% year-on-year to Rs 173420 Cr. Operating PerformanceDuring the quarter, the bank's Net Interest Income (NII) increased 2% to Rs 1497 Cr from Rs 1465 Cr recorded in the corresponding period last year, while Net Interest Margin (NIM) stood at 3.28%. Operating Profit of the Bank grew by 4.5% year-on-year to Rs 703 Cr, while the Cost-to-Income Ratio improved to 58.90% from 60.75%, demonstrating continued operational efficiency. Asset qualityContinuing its consistent focus on strengthening the balance sheet, the bank further improved its asset quality during the quarter.