JK Bank's Q1 Profit Falls 12.5%

JK Bank has reported a decline in its profit for the first quarter of the financial year 2026-27. The bank's profit has fallen by 12.5% compared to the same period last year. This decline is attributed to the rise in tax costs. The bank's financial performance has been impacted by the increased tax expenses, which have eaten into its profit margins. The bank will need to reassess its financial strategy to mitigate the impact of rising tax costs.