Kotak Mahindra Bank share price dips 6% post weaker-than-expected Q1 results

Kotak Mahindra Bank's Q1 results performance fell short of analysts expectations. Kotak Mahindra Bank (KMB) reported a standalone 1QFY26 profit of ₹3281.7 Crore, falling 6% short of expectations, said Motilal Oswal Financial Services, due to increased provisions and a 22% sequential increase in slippages. Consolidated net profit in the first quarter of FY26 was roughly ₹4470 crore (down 9% sequentially).