India, July 19 -- Private lender Kotak Mahindra Bank on Saturday reported a 22.55 per cent rise in consolidated net profit to Rs 5,480.46 crore in the first quarter of the financial year 2026-27.

In the year-ago period, Kotak Mahindra Bank's net profit stood at Rs 4,472.18 crore. On a standalone basis, net profit of the bank stood at Rs 4,122.96 crore in the June 2026 quarter, as compared to Rs 3,281.68 crore in the year-ago period.

The bank's core net interest income increased by 9 per cent year-on-year to Rs 7,928 crore in the reporting quarter, from Rs 7,259 crore in the first quarter of the financial year 2025-26.

However, the bank's net interest margin has reduced to 4.53 per cent in the June quarter, from 4.65 per cent in the yea...