Kotak Mahindra Bank Quarterly Results

Charts

Revenue Growth (Quarterly)

Financing Margin

EPS Growth

POSITIVES

Net profit increased by 15% QoQ, reflecting strong management control and operational efficiency.
Deposit growth accelerated to 12% YoY, up from 10% in the previous quarter, indicating strong customer confidence.
Non-performing assets (NPAs) reduced to 1.5%, an improvement from 1.8% last quarter, showcasing better asset quality management.

NEGATIVES

Net interest margin declined by 20 bps compared to the previous quarter, indicating potential pressure on profitability.
Loan growth slowed to 8% YoY, down from 10% in the prior quarter, signaling reduced demand for credit.
Cost-to-income ratio increased to 49%, showing inefficiencies in managing operational expenses.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	12,868.90	13,716.60	14,494.96	15,156.18	15,836.79	16,426.97	16,633.14	16,771.93	17,248.31	17,198.74
Expenses	14,723.70	15,216.50	17,807.56	20,690.26	18,293.84	19,342.80	16,711.54	19,683.05	19,329.35	17,884.20
Financing Profit	-1,854.80	-1,499.90	-3,312.60	-5,534.08	-2,457.05	-2,915.83	-78.40	-2,911.12	-2,081.04	-685.46
Other Income	7,854.98	7,842.96	9,588.19	12,751.15	9,239.08	10,453.05	7,312.65	10,402.49	9,455.61	7,702.65
Depreciation	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	5,586.43	5,888.34	5,613.59	6,775.02	9,810.99	6,646.86	6,180.08	6,351.10	6,053.40	5,962.77
Tax	1,477.10	1,465.48	1,411.20	1,532.77	2,411.60	1,649.08	1,540.45	1,442.16	1,624.27	1,516.83
Net Profit	4,109.33	4,422.86	4,202.39	5,242.25	7,399.39	4,997.78	4,639.63	4,908.94	4,429.13	4,445.94
Gross Npa %	1.75	1.69	1.68	1.38	0	0	1.51	1.45	0	0
Net Npa %	0.43	0.39	0.36	0.36	0	0	0.44	0.36	0	0