Kotak Mahindra Bank Q1 net profit climbs 26% to ₹4,123 crore, surpassing forecasts
Kotak Mahindra Bank announced a 26% annual increase in standalone net profit, reaching ₹4,123 crore for the April-June period, which exceeded market expectations. During Q1 FY27, the bank's net interest income grew by 9% year-on-year to hit ₹7,928 crore. The private sector bank's earnings improved from the ₹3,282 crore reported in the same quarter last year, alongside an improvement in asset quality.