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Kotak Mahindra Bank reports Profit after tax of Rs 25806.80 Mln, in the September 2022 quarter

22 Oct 2022 Evaluate
The revenue for the September 2022 quarter is pegged at Rs. 80928.10 millions, about 22.69% up against Rs. 65962.80 millions recorded during the year-ago period.Net Profit recorded in the quarter ended September 2022 rise to 27.00% to Rs. 25806.80  millions  compared to R. 20320.10 millions in corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Interest Earned 80928.10 65962.80 22.69 154313.00 130760.60 18.01 270388.20 268402.80 0.74
Other Income 19541.90 18125.90 7.81 31979.50 31643.70 1.06 63543.50 50065.10 26.92
Interest Expended 29934.00 25757.20 16.22 56348.50 51138.50 10.19 102209.10 115006.20 -11.13
Operating Expenses 34860.90 34860.90 28.50 66436.30 51166.10 29.84 111213.90 85841.40 29.56
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1370.00 4239.90 -67.69 1605.90 11275.10 -85.76 6895.60 24590.40 -71.96
Tax 8498.30 6641.60 27.96 15383.50 12085.30 27.29 27886.20 23381.50 19.27
PAT 25806.80 20320.10 27.00 46518.30 36739.30 26.62 85726.90 69648.40 23.09
Equity 9928.70 9915.40 0.13 9928.70 9915.40 0.13 9923.30 9909.20 0.14
OPM 44.08 47.30 -6.81 41.16 45.96 -10.46 44.57 43.82 1.70
Peers
Company Name CMP
HDFC Bank 722.40
ICICI Bank 1359.00
Axis Bank 1243.95
Kotak Mahindra Bank 414.90
Indusind Bank 945.05
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