Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
neutral
5 days agoKotak Mahindra Bank’s Q2 profit underwhelms as provisions climb sharply
Kotak Mahindra Bank reported September-quarter standalone net profit of ₹32.53 billion, down year-on-year and below street estimates, as loan-loss provisions jumped about 43% to ₹9.47 billion. Net interest income rose roughly 4% to ₹73.11 billion, while the net interest margin moderated to 4.54% from 4.91%. Asset quality showed a mild improvement with the gross NPA ratio at 1.39%. Management flagged focus on calibrated growth in unsecured retail, alongside vigilance on credit costs as the rate cycle and competitive dynamics pressure margins.
Explore:Mutual Fund Screening
neutral
5 days agoKotak Mahindra Bank’s Q2 profit underwhelms as provisions climb sharply
Kotak Mahindra Bank reported September-quarter standalone net profit of ₹32.53 billion, down year-on-year and below street estimates, as loan-loss provisions jumped about 43% to ₹9.47 billion. Net interest income rose roughly 4% to ₹73.11 billion, while the net interest margin moderated to 4.54% from 4.91%. Asset quality showed a mild improvement with the gross NPA ratio at 1.39%. Management flagged focus on calibrated growth in unsecured retail, alongside vigilance on credit costs as the rate cycle and competitive dynamics pressure margins.
Explore:Mutual Fund Screening
neutral
Kotak Mahindra Bank’s Q2 profit underwhelms as provisions climb sharply
5 days ago
1 min read
81 words
Kotak’s Q2 profit missed estimates amid a 43% rise in provisions; NIM softened even as asset quality improved slightly.
Kotak Mahindra Bank reported September-quarter standalone net profit of ₹32.53 billion, down year-on-year and below street estimates, as loan-loss provisions jumped about 43% to ₹9.47 billion. Net interest income rose roughly 4% to ₹73.11 billion, while the net interest margin moderated to 4.54% from 4.91%. Asset quality showed a mild improvement with the gross NPA ratio at 1.39%. Management flagged focus on calibrated growth in unsecured retail, alongside vigilance on credit costs as the rate cycle and competitive dynamics pressure margins.
Kotak Mahindra Bank reported September-quarter standalone net profit of ₹32.53 billion, down year-on-year and below street estimates, as loan-loss provisions jumped about 43% to ₹9.47 billion. Net interest income rose roughly 4% to ₹73.11 billion, while the net interest margin moderated to 4.54% from 4.91%. Asset quality showed a mild improvement with the gross NPA ratio at 1.39%. Management flagged focus on calibrated growth in unsecured retail, alongside vigilance on credit costs as the rate cycle and competitive dynamics pressure margins.
Companies:
Kotak Mahindra Bank
Tags:
earnings
banking
earnings
banking
India
NIM
credit costs
Oct 25, 2025 • 14:35 IST