Kotak Mahindra Bank Q1 net profit falls 7% to ₹3,282 crore

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Kotak Mahindra Bank Ltd. for the first quarter ended June 30, 2025 reported a 7% decline in standalone net profit to ₹3,282 crore from ₹3,520 crore in the year-ago period excluding gain of Kotak General Insurance (KGI) divestment.

Net Interest Income (NII) for the quarter increased to ₹7,259 crore, up 6% YoY from ₹6,842 crore.

Net Interest Margin (NIM) was 4.65% for Q1FY26, the bank said in a filing.

As at June 30, 2025, GNPA was 1.48% & NNPA was 0.34% (GNPA was 1.39% & NNPA was 0.35% at June 30, 2024). As at June 30, 2025, Provision Coverage Ratio stood at 77%, it said.

Consolidated net profit for the quarter increased to ₹4,472 crore, up 1% YoY from ₹ 4,435 crore excluding gain of KGI divestment in Q1FY25.

Consolidated networth as at June 30, 2025 was ₹1,64,903 crore. The book value per share increased to ₹829 as at June 30, 2025, up 17% YoY from ₹ 710 as at June 30, 2024.



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