Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
cautiously negative
3 days agoKotak Mahindra Bank Q2 profit misses estimates as provisions soar
Kotak Mahindra Bank reported a standalone net profit of ₹32.53 billion for Q2 ended September 30, down from ₹33.44 billion a year earlier and below the expected ₹34.49 billion. The miss was driven by a 43 % jump in provisions to ₹9.47 billion, despite a 14 % loan growth and 4 % rise in net interest income to ₹73.11 billion. Its net interest margin narrowed to 4.54 % from 4.91 % amid rate pressures and funding cost growth. Analysts note margin squeeze and elevated credit costs may limit re-rating momentum.
cautiously negative
3 days agoKotak Mahindra Bank Q2 profit misses estimates as provisions soar
Kotak Mahindra Bank reported a standalone net profit of ₹32.53 billion for Q2 ended September 30, down from ₹33.44 billion a year earlier and below the expected ₹34.49 billion. The miss was driven by a 43 % jump in provisions to ₹9.47 billion, despite a 14 % loan growth and 4 % rise in net interest income to ₹73.11 billion. Its net interest margin narrowed to 4.54 % from 4.91 % amid rate pressures and funding cost growth. Analysts note margin squeeze and elevated credit costs may limit re-rating momentum.
cautiously negative
Kotak Mahindra Bank Q2 profit misses estimates as provisions soar
4 days ago
1 min read
90 words
Kotak Mahindra Bank’s Q2 profit fell short, weighed by 43 % higher provisions despite loan growth, raising concerns over margins and re-rating potential.
Kotak Mahindra Bank reported a standalone net profit of ₹32.53 billion for Q2 ended September 30, down from ₹33.44 billion a year earlier and below the expected ₹34.49 billion. The miss was driven by a 43 % jump in provisions to ₹9.47 billion, despite a 14 % loan growth and 4 % rise in net interest income to ₹73.11 billion. Its net interest margin narrowed to 4.54 % from 4.91 % amid rate pressures and funding cost growth. Analysts note margin squeeze and elevated credit costs may limit re-rating momentum.
Kotak Mahindra Bank reported a standalone net profit of ₹32.53 billion for Q2 ended September 30, down from ₹33.44 billion a year earlier and below the expected ₹34.49 billion. The miss was driven by a 43 % jump in provisions to ₹9.47 billion, despite a 14 % loan growth and 4 % rise in net interest income to ₹73.11 billion. Its net interest margin narrowed to 4.54 % from 4.91 % amid rate pressures and funding cost growth. Analysts note margin squeeze and elevated credit costs may limit re-rating momentum.
Tags:
stocks
India
stocks
India
banking
Kotak Mahindra Bank
earnings
Oct 27, 2025 • 08:33 IST