Kotak Mahindra Bank has announced its audited financial results for the financial year ended March 31, 2026. The Bank reported a consolidated net profit of ₹19,287.89 crore, while the standalone net profit for the same period stood at ₹14,007.70 crore. The Board of Directors has proposed a dividend of ₹0.65 per share for the financial year, subject to shareholder approval.
Consolidated Financial Performance
For the fiscal year ending March 31, 2026, Kotak Mahindra Bank demonstrated strong financial stability. The Bank recorded a consolidated total income of ₹107,563.70 crore. The consolidated net profit after accounting for share in profit/loss of associates reached ₹19,287.89 crore. The Bank’s consolidated net profit for the final quarter (Q4: Jan-Mar 2026) was ₹5,423.15 crore.
Standalone Financial Overview
On a standalone basis, the Bank generated a total income of ₹67,187.26 crore for the year. The net profit for the standalone entity was ₹14,007.70 crore. The Bank maintains a robust capital adequacy ratio of 22.40% under Basel III norms. Additionally, the Bank reported significant improvements in asset quality, with the Gross NPA ratio standing at 1.20% and the Net NPA ratio at 0.25% as of March 31, 2026.
Key Strategic Developments
The Bank highlighted several operational updates. Effective April 1, 2026, the business activities of its wholly-owned subsidiary, Kotak Mahindra Investments Limited (KMIL), will be conducted departmentally within the Bank to drive operational synergies. Furthermore, the Bank successfully completed the divestment of a 30.99% stake in its associate, Infina Finance Private Limited, on March 24, 2026, resulting in a pre-tax gain of ₹367.79 crore.
Dividend Announcement
In alignment with its commitment to shareholder value, the Board of Directors has recommended a dividend of ₹0.65 per share (face value of ₹1) for the financial year ended March 31, 2026. This proposal is subject to approval by the shareholders at the upcoming Annual General Meeting.
Source: BSE
