Kotak Mahindra Bank reports a stronger Q1 performance, with multiple outlets citing a year-on-year rise in profits. On a consolidated basis, the bank’s net profit after tax is reported at ₹5,480.46 crore for the quarter ended 30 June 2026, up about 22.5% from ₹4,472.18 crore a year earlier. Several reports also cite a 26% increase in Q1 standalone net profit to about ₹4,123 crore, attributing the increase to higher net interest income and operating profit. The bank’s income rises in the quarter as well, with total income reported higher year-on-year. Asset quality is described as improving, with gross and net NPA ratios and asset-quality indicators moving in a favourable direction compared with the previous year. However, some sequential signals are mixed: at least one report notes that net profit declines slightly quarter-on-quarter. Shares fall after the results, with analysts pointing to controlled credit slippages and credit costs as positives, while acknowledging that some key ratios weaken sequentially. Brokerages give varied ratings, ranging from reiterations of buy-type views to add-rated stances.