reported a mixed performance for Q4FY25, with lower profitability on a quarterly basis but strong growth for the full fiscal year, bolstered by exceptional gains. In Q4FY25, the consolidated PAT stood at Rs 4,933 crore, down from Rs 5,337 crore in Q4FY24. Return ratios for the quarter remained solid, with ROA at 2.36% and ROE at 12.90%. For FY25, the consolidated PAT rose to Rs 22,126 crore, up 21% year-on-year, including a one-time gain of Rs 3,013 crore from the divestment of Kotak General Insurance (KGI). Excluding this, underlying PAT growth was more modest. ROA for the year was 2.73% (including KGI gain) and 2.36% (excluding), while ROE stood at 15.19% (including) and 13.12% (excluding). The bank's consolidated net worth increased to Rs 157,395 crore, helped by valuation reserve changes (Rs 5,630 crore) and the KGI divestment gain. Book value per share rose 21% to Rs 792. Operational metrics were healthy: customer assets rose 12% YoY to Rs 537,860 crore, and total AUM grew 20% to Rs 669,885 crore. Notably, domestic mutual fund equity AUM surged 27% to Rs 313,084 crore, reflecting strong market performance and inflows. Capital adequacy remains strong, with a consolidated CRAR of 23.3% and a CET I ratio of 22.3%, positioning the bank well for growth.