Kotak Mahindra Bank Ltd

Operating profit before provisions and tax rose 3.84% YoY to Rs 5,379.77 crore during the quarter. Provision (other than tax) and contingencies increased 1.95% YoY to 809.58 crore during the quarter. Net interest income (NII) stood at Rs 7565 crore in Q3 FY26, up 5% compared with Rs 7,196 crore in Q3 FY25. Net Interest Margin (NIM) was 4.54% for Q3FY26 compared with 4.93% for Q3FY25. Operating expenses rose 8% to Rs 5,023 crore in Q3 FY26 compared with Rs 4,638 crore in Q3 FY25. Q3FY26. These expenses include an estimated incremental cost of Rs 96 crore arising from the implementation of the new Labour Code. Excluding this impact, operating expenses for Q3 FY26 stood at Rs 4,927 crore, reflecting a 6% YoY increase. Credit cost (annualised) stood at 0.63% in Q3 FY26, compared with 0.68% in Q3 FY25. Total deposits at the end of the period grew 15% to Rs 542,638 crore for Q3FY26, from Rs 473,497 crore for Q3FY25. Average total deposits also increased 15% to Rs 526,025 crore for Q3FY26, from Rs 458,614 crore for Q3FY25. Average current deposits grew to Rs 75,596 crore for Q3FY26, up 14% from Rs 66,589 crore for Q3FY25. Net Advances increased 16% to Rs 480,673 crore as at December 31, 2025 from Rs 413,839 crore as at December 31, 2024. Asset quality continued to improve, with gross non-performing assets (GNPA) declining to 1.30% as on December 31, 2025, from 1.50% as on 31st December 2024 and net non-performing assets (NNPA) was 0.31% as on 31st December 2025 compared with 0.41% as of 31st December 2024. As at December 31, 2025, Provision Coverage Ratio stood at 76% as of 31st December 2025. The bank's capital adequacy ratio under Basel III norms stood at 22.6% as of December 31, 2025, while the CET1 ratio was strong at 21.5%, including unaudited profits. Meanwhile, the company's board approved a proposal to raise funds by way of issuance of unsecured, redeemable, non-convertible debentures (NCDs), on a private placement basis, for an amount up to Rs 15,000 crore, in one or more tranches / series, during FY 2026-27, subject to the approval of the members of the bank. Kotak Mahindra Bank is the part of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance. As on 31 st December 2025, the bank has a national footprint of 2,218 branches and 2,749 ATMs (incl. cash recyclers) and branches in GIFT City and DIFC (Dubai). The counter shed 0.85% to end at Rs 422.20 on the BSE.Powered by Capital Market - Live

Net profit of Kotak Mahindra Bank rose 4.75% to Rs 4924.29 crore in the quarter ended December 2025 as against Rs 4701.02 crore during the previous quarter ended December 2024. Total Operating Income rose 5.25% to Rs 17506.80 crore in the quarter ended December 2025 as against Rs 16633.14 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Total Operating Income17506.8016633.14 5 OPM %20.4136.30 - PBDT6533.346180.08 6 PBT6533.346180.08 6 NP4924.294701.02 5 Powered by Capital Market - Live

Kotak Mahindra Bank will hold a meeting of the Board of Directors of the Company on 24 January 2026.Powered by Capital Market - Live

The board of Kotak Mahindra Bank at its meeting held on 12 January 2026 has appointed Anup Kumar Saha (DIN: 07640220) as: (i) an Additional Director and a Whole-time Director of the Bank (to be designated as Whole-time Director (Executive Director), for a period of three years, with effect from the date of receipt of all the regulatory and statutory approvals, as may be necessary from the Reserve Bank of India (RBI) or any other regulatory/statutory authority; and (ii) Whole-time Director (Designate) and Senior Management Personnel of the Bank, from 12 January 2026, till Saha's appointment referred to at item no. (i) above takes effect. Saha will also be a Key Managerial Personnel of the Bank, once his appointment as Whole-time Director takes effect. Powered by Capital Market - Live

Kotak Mahindra Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2128.9, down 0.7% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.86% on the day, quoting at 25915.25. The Sensex is at 84313.4, down 0.76%.Kotak Mahindra Bank Ltd has gained around 0.06% in last one month.Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has increased around 0.8% in last one month and is currently quoting at 59990.85, down 0.49% on the day. The volume in the stock stood at 12.14 lakh shares today, compared to the daily average of 24.47 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 2135.9, down 0.65% on the day. Kotak Mahindra Bank Ltd jumped 18.92% in last one year as compared to a 10.15% rally in NIFTY and a 20.59% spurt in the Nifty Bank index.The PE of the stock is 31.84 based on TTM earnings ending September 25.Powered by Capital Market - Live

On a sequential basis, the bank's average total deposits rose 3.1%. The bank's average CASA deposits stood at Rs 2,07,955 crore as of 31 December 2025, registering a 4.9% quarter-on-quarter (QoQ) growth and a 9% YoY increase. During the quarter, net advances (end-of-period basis) jumped 16% YoY to Rs 4,80,229 crore in Q3 FY26, compared with Rs 4,13,839 crore in Q3 FY25. On a QoQ basis, net advances rose 3.8%. Total deposits (end-of-period basis) increased 14.6% YoY to Rs 5,42,638 crore in Q3 FY26 from Rs 4,73,497 crore in Q3 FY25, while rising 2.6% on a QoQ basis. Kotak Mahindra Bank is the flagship company of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance. Kotak Mahindra Bank's standalone net profit slipped 2.70% to Rs 3,253.33 crore in Q2 FY26 as against Rs 3,343.72 crore posted in Q2 FY25. However, total income rose 2.12% year on year (YoY) to Rs 16,238.59 crore in Q2 FY26. The counter slipped 1.87% to Rs 2,149.95 on the BSE.Powered by Capital Market - Live

Kotak Mahindra Bank Ltd is up for a fifth straight session today. The stock is quoting at Rs 2157.2, up 0.45% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.44% on the day, quoting at 26060.6. The Sensex is at 85246.08, down 0.46%. Kotak Mahindra Bank Ltd has gained around 2.07% in last one month. Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has gained around 2.5% in last one month and is currently quoting at 59681.35, down 0.21% on the day. The volume in the stock stood at 19.15 lakh shares today, compared to the daily average of 32.09 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 2163.1, up 0.32% on the day. Kotak Mahindra Bank Ltd is up 23.28% in last one year as compared to a 6.56% jump in NIFTY and a 13.01% jump in the Nifty Bank index.The PE of the stock is 31.89 based on TTM earnings ending September 25.Powered by Capital Market - Live

The board of Kotak Mahindra Bank at its meeting held on 21 November 2025 has approved sub-division of equity shares of the bank from one equity share of face value of 5 each into five equity shares of face value of Re 1 each. Powered by Capital Market - Live

The official announcement was made on Friday, 14 November 2025, after market hours. Kotak Mahindra Bank is the flagship company of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance. Kotak Mahindra Bank's standalone net profit slipped 2.70% to Rs 3,253.33 crore in Q2 FY26 as against Rs 3,343.72 crore posted in Q2 FY25. However, total income rose 2.12% year on year (YoY) to Rs 16,238.59 crore in Q2 FY26.Powered by Capital Market - Live

The official announcement was made on Friday, 14 November 2025, after market hours. Kotak Mahindra Bank is the flagship company of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance. Kotak Mahindra Bank's standalone net profit slipped 2.70% to Rs 3,253.33 crore in Q2 FY26 as against Rs 3,343.72 crore posted in Q2 FY25. However, total income rose 2.12% year on year (YoY) to Rs 16,238.59 crore in Q2 FY26. The counter rose 0.02% to end at Rs 2075.15 on the BSE.Powered by Capital Market - Live