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( As on 02/05/2026 17:40)

Kotak Mahindra Bank Q4 net profit up 13.37% at Rs 4026.55 cr

The bank reported standalone net profit of Rs 4,026.55 crore for the quarter ended March 31, 2026 as compared to Rs 3551.74 crore in the same period last year, registering a year-on-yearÿgrowthÿof 13.37 per cent.

Interest income of the bank rose by 4.77 per cent at Rs 14174.77 crore for the quarter ended March 31, 2026 as against Rs 13529.77 crore in the corresponding period last year.

During the January-March quarter, total income rose marginally by 3.46 per cent to Rs 17,291.10 crore from Rs 16,712.23 crore in the year ago period.

Meanwhile, operating expenses increased by 1.74 per cent to Rs 11,435.93 crore from Rs 11,240.03 crore in the same period last year.

Operating profit surged 7.00 per cent to Rs 5,855.17 crore from Rs. 5,472.20 crore.

Provisions and Contingencies slipped by 43.21 per cent at Rs 516.42 crore from Rs 909.38 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 8.13 per cent at Rs 7,875.47 crore versus Rs 7,283.57 crore in the year ago period. Non-interest income dipped 2.08 per cent year-on-year to Rs 3,116.33 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 1.20 per cent of the gross advances as at the end of March 31, 2026 from a level of 1.42 per cent year earlier. Its net NPAs or bad loans tooÿincreasedÿto 25.00 per cent of net advances on March 31, 2026 from 0.31 per cent a year ago.