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saurabh mittal

3rd May · SEBI-Registered Analyst

Kotak Mahindra Bank Ltd extending a five-session decline amid profit booking post-Q4 results

KOTAKBANK
extending a five-session decline amid profit booking post-Q4 results, with VWAP at ₹381.59 and traded volume 248.12 lakh shares. Q4 FY26 standalone net profit rose 13% YoY to ₹4,027 Cr, beating estimates, on 8.1% NII growth to ₹7,876 Cr; advances up 16.2% to ₹4.95 lakh Cr, though loan growth outpaced deposits. Dividend declared; subsidiary Kotak Mahindra Capital to sell 9.9% stake in Infina Finance for ₹1,294 Cr in tranches.

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