24-Oct-2026 14:44:19
Kotak Mahindra Bank Q2 Profit Jumps 26% to ₹5,645 Crore; NPAs Improve, Margins Ease
Kotak Mahindra Bank reported a 26% YOY rise in consolidated net profit to ₹5,645 crore in Q2 FY27. Net interest income grew 16% to ₹8,459 crore, while advances increased 25% to ₹5.77 lakh crore. Asset quality improved, with gross NPA falling to 1.04% from 1.39% a year earlier and net NPA declining to 0.24% from 0.32%. However, net interest margin eased to 4.31% from 4.53% in the previous quarter, partly due to FCNR-B deposit inflows.