Kotak Bank Q1 profit rises 26% to ₹4,123 crore
pre-market1 source ↓written by the desknot a recommendation
- from ₹3
- 26% YoY increase
- to ₹6
- 10% increase in operating profit
- equity improved
- 11.98%
Kotak Mahindra Bank reported a net profit of ₹4,123 crore for Q1 FY27, reflecting a 26% YoY increase from ₹3,282 crore in Q1 FY26. This growth was driven by a 9% rise in net interest income to ₹7,928 crore and a 10% increase in operating profit to ₹6,131 crore.
The bank's return on equity improved to 11.98%, indicating efficient capital utilization in a competitive interest rate environment. The stable cost-to-income ratio of 45.6% suggests consistent operational efficiency.
Not investment advice. For informational purposes only.