Kotak Mahindra Bank Q2 results: Consolidated net profit jumps 26% to Rs 5,645 crore

Kotak Mahindra Bank reported an impressive 26% growth in its consolidated net profit for the September quarter of FY27.

Standalone profit surged by 29%, reaching Rs 4,212 crore.

The bank's asset quality improved, as evidenced by the notable decrease in gross non-performing assets.

Moreover, the net interest income increased by 16%, with a robust capital adequacy ratio of 21.9%.

Nevertheless, the net interest margin dipped to 4.

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Source attribution: Times of India – Business.

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