Kotak Mahindra Bank Q1 Results: Net profit drops 7% to ₹3,282 crore. Check details
Kotak Mahindra Bank announced its April to June quarter results on Saturday, July 26. The lender recorded nearly a 7.6 per cent fall in its net profits to ₹3,281.7 crore compared to ₹3,520 crore in the same quarter previous year.
The bank reported an unadjusted net profit of ₹6,249.8 crore in Q1FY25, which included a gain on the stake sale of Kotak Mahindra General Insurance Company to Zurich Insurance, the company informed an exchange filing.
The total interest income rose 8.5 per cent to ₹13,836.5 crore in the first quarter of the financial year ended 2025-26, from ₹12,746 crore in the same period of the previous year. KOTAKBANK
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