Kotak Mahindra Bank Q2 Results: Net profit jumps 26% to Rs 5,645 crore
Kotak Mahindra Bank's consolidated net profit rose 26.72% year-on-year to Rs 5,645 crore for the quarter ending September 30.

Kotak Mahindra Bank reported a 26% year-on-year increase in consolidated net profit to Rs 5,645 crore for the quarter ending September 30, compared with Rs 4,445.94 crore in the corresponding period last year. The private sector lender reported higher income and lower provisions compared with a year earlier, alongside an improvement in its standalone bad-loan ratios. Consolidated total income increased 18.17% to Rs 29,426.88 crore, although it declined from Rs 30,068.60 crore in the June quarter.










