Kotak Mahindra Bank reports higher profits for the June 2026 quarter (Q1 FY27), with consolidated net profit after tax rising to ₹5,480.46 crore for the period ended 30 June 2026. This is a 22.54% increase from ₹4,472.18 crore reported in the year-ago quarter, according to the bank’s results. Total income for the quarter increases to ₹30,068.60 crore from ₹26,703.92 crore, while total expenditure rises to ₹21,794.91 crore from ₹19,329.35 crore. The bank also reports a slight sequential decline in consolidated net profit, down 0.79% from ₹5,423.15 crore in the preceding quarter ended 31 March 2026. On a standalone basis, net profit is reported at ₹4,122.96 crore for the June 2026 quarter, up from ₹3,281.68 crore in the same quarter last year, aligning with coverage that cites roughly a mid-20% rise driven by growth in net interest income and operating profit. Earnings per share for the consolidated results is reported at ₹5.51 for the quarter. Separate reporting also notes asset quality improvement as part of the Q1 performance.
Kotak Mahindra Bank reports Q1 FY27 net profit growth on higher income
Kotak Mahindra Bank reports higher profits for the June 2026 quarter (Q1 FY27), with consolidated net profit after tax rising to ₹5,480.46 crore for the period ended 30 June 2026. This is a 22.54% inc...
- Kotak Mahindra Bank’s consolidated net profit after tax for the June 2026 quarter rises to ₹5,480.46 crore (up 22.54% year-on-year).
- Total income increases to ₹30,068.60 crore in Q1 FY27 from ₹26,703.92 crore a year earlier; total expenditure increases to ₹21,794.91 crore from ₹19,329.35 crore.
- Standalone net profit for the quarter is ₹4,122.96 crore, up from ₹3,281.68 crore in the year-ago quarter.
- Consolidated net profit declines slightly quarter-on-quarter, from ₹5,423.15 crore in the previous quarter ended 31 March 2026 to ₹5,480.46 crore in the quarter ended 30 June 2026.
- Coverage attributes the profit growth to higher net interest income and operating profit, alongside reports of improving asset quality.
On a standalone basis, net profit of the bank stood at ₹4,122.96 crore in the June 2026 quarter, as compared to ₹3,281.68 crore in the year-ago period
1 hour agoKotak Mahindra Bank posted a 26% rise in Q1 standalone net profit to Rs 4,123 crore, driven by growth in net interest income and operating profit.
2 hours agoMumbai: Kotak Mahindra Bank on Friday reported a consolidated net profit after tax of ₹5,480.46 crore for the quarter ended 30 June 2026. This represents a 22.54% increase compared to the ₹4,472.18 crore reported in the same quarter of the previous fiscal year.Income and ExpensesTotal income for the quarter stood at ₹30,068.60 crore, up from ₹26,703.92 crore in the quarter ended 30 June 2025. Total expenditure for the quarter was ₹21,794.91 crore, compared to ₹19,329.35 crore in the year-ago period.Kotak Mahindra Bank Acquires ₹9,587 Crore Loan Portfolio, Strengthens Balance Sheet Through Subsidiary Deal Quarter-on-Quarter PerformanceSequentially, the net profit declined slightly by 0.79% from ₹5,423.15 crore in the preceding quarter ended 31 March 2026. Total income for the quarter ended 30 June 2026 increased from ₹28,107.60 crore in the preceding quarter.Earnings Per ShareBasic and diluted earnings per equity share (not annualised) were ₹5.51 for the quarter ended 30 June 2026. This is an increase from ₹4.50 reported for the quarter ended 30 June 2025.Kotak Mahindra Bank Stock Falls Over 2% As CEO Ashok Vaswani To Exit By Year-End Segmental RevenueTreasury, BMU and Corporate Centres segment revenue was ₹3,657.11 crore for the quarter ended 30 June 2026. Retail Banking recorded ₹8,341.25 crore in revenue, while Corporate/Wholesale Banking reported ₹7,016.63 crore.Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.
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