Kotak Mahindra Bank reported a consolidated net profit of ₹4,924.29 crore for Q3 FY26, compared to ₹4,701.02 crore in Q3 FY25. Net Interest Income (NII) grew substantially, driven by strong loan growth and effective asset management. The Board of Directors approved the results in a meeting held on January 24, 2026. Furthermore, the bank has divested a 70% stake in Kotak Mahindra General Insurance.
Financial Performance
Kotak Mahindra Bank announced its financial results for the quarter ended December 31, 2025 (Q3 FY26), showcasing robust growth across key metrics:
- Net Profit: Increased to ₹4,924.29 crore, up from ₹4,701.02 crore in the same quarter last year.
- Total Income: Reached ₹27,850.79 crore.
- Interest Earned: Stood at ₹17,506.80 crore.
Segmental Performance
The bank’s performance across different segments contributed to the overall positive results:
- Corporate/Wholesale Banking: Reported revenue of ₹6,206.95 crore.
- Retail Banking: Showed revenue of ₹8,889.62 crore, demonstrating continued strength in the retail sector.
- Treasury, BMU, and Corporate Centre: Contributed ₹3,356.26 crore.
Key Developments
Significant developments during the quarter included:
- Stake Divestment: Kotak Mahindra Bank successfully divested 70% of its stake in Kotak Mahindra General Insurance to Zurich Insurance Company, resulting in a profit of ₹3,803.40 crore.
Asset Quality
The bank maintained a strong asset quality profile:
- Gross NPA: Stood at 1.30%
- Net NPA: Was reported at 0.31%
Source: BSE
