New Delhi, July 26 -- Kotak Mahindra Bank Q1 Results: Kotak Mahindra Bank announced its April to June quarter results on Saturday, July 26. The lender recorded nearly a 7.6 per cent fall in its net profits to Rs.3,281.7 crore compared to Rs.3,520 crore in the same quarter previous year.
The bank reported an unadjusted net profit of Rs.6,249.8 crore in Q1FY25, which included a gain on the stake sale of Kotak Mahindra General Insurance Company to Zurich Insurance, the company informed an exchange filing.
The total interest income rose 8.5 per cent to Rs.13,836.5 crore in the first quarter of the financial year ended 2025-26, from Rs.12,746 crore in the same period of the previous year.
The bank's net interest income (NII) increased 6 per...
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