Deterioration in asset quality and muted profitability led Kotak Mahindra Bank to report a standalone net profit of Rs 3,282 crore, missing expectations of Rs 3,496.76 crore, tracked by Bloomberg.

Managing Director and CEO Ashok Vaswani noted that while the bank had seen rising delinquencies in its MFI segment since the ...

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Kotak Mahindra Bank, on July 26, reported a standalone net profit of Rs 3,282 crore during Q1 FY26, registering a 7 percent ...

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Kotak Mahindra Bank reported a 47% decrease in net profits for Q1, falling to ₹3,281 crore from ₹6,249.8 crore year-on-year.

While net interest income grew 6% to ₹7,259 crore and NIM remained strong at 4.65%, asset quality showed mild stress with ...

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Kotak Mahindra Bank's net profit for the first quarter of the current financial year (Q1 FY26) stood at Rs 4,472.18 crore, ...

The cost-to-income ratio stayed elevated at 46.19%, and return on equity (ROE) moderated to 10.94% from 13.91% a year ago.

Kotak Mahindra Bank's Q1FY26 profit drops 47.5% due to one-time gain in Q1FY25; net profit down 7% excluding gain.

Kotak Mahindra Bank's Q1 FY26 standalone net profit plummeted by 47.5% year-on-year, primarily due to an exceptional gain from an insurance subsidiary stake sale in the previous year.