Srinagar, July 25 -- The Bank announced its Q1 results after the Board of Directors approved the quarterly numbers at a meeting held at the Bank's Corporate Headquarters.
Performance Highlights
Net Interest Income (NII) for the quarter grew 7% YoY to Rs 1465.43 Cr, while the other income jumped 29% to Rs 250.30 Cr from Rs 194.10 Cr recorded last year.
Return on Assets (RoA) for the quarter improved to 1.17% YoY from 1.08%, while as Net Interest Margin (NIM) for the quarter stood at 3.72% as against 3.86% recorded in Q4FY2025. Bank's Cost to income Ratio also improved to 60.78% YoY.
Operating profit witnessed a 13% YoY increase to Rs 672.84 Cr from Rs 594.67 Cr recorded for the corresponding period last year.
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