MUMBAI, May 2: Kotak Mahindra Bank on Saturday reported 10 per cent rise in consolidated net profit at Rs 5,423 for the fourth quarter of financial year 2025-26.
In the year-ago period, the profit stood at Rs 4,933 crore.
On a standalone basis, it reported a 13 per cent year-on-year rise in net profit at Rs 4,027 crore.
Core net interest income of the bank increased 8 per cent to Rs 7,876 crore from Rs 7,284 crore a year ago.
Net interest margin improved to 4.67 per cent from 4.54 per cent in December quarter. However, it fell on a yearly basis, from 4.97 per cent in Q4FY25.
Net advances increased 16 per cent year-on-year to Rs 4.96 lakh crore as on March 31, 2026.
Customer Assets which comprise advances (including IBPC & BRDS) and credit substitutes grew to Rs 5.46 lakh crore as at March-end 2026 from Rs 4.78 lakh crore a year ago.
Total period-end deposits grew 15 per cent year-on-year to Rs 5.73 lakh crore in Q4FY26. Average total deposit too rose 15 per cent to Rs 5.38 lakh crore.
Average current deposit was higher by 18 per cent at Rs 77,058 crore during the quarter. (PTI)
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