Kotak Mahindra Bank has reported results for second quarter ended September 30, 2018.
The Bank has reported a rise of 14.82% in its net profit at Rs 1,141.65 crore for the quarter under review as compared to Rs 994.31 crore for the same quarter in the previous year. Total income of the bank increased by 22.79% at Rs 7,016.17 crore for Q2FY19 as compared Rs 5,714.02 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a rise of 21.29% in its net profit at Rs 1,747.37 crore for the quarter under review as compared to Rs 1,440.68 crore for the same quarter in the previous year. Total income of the bank increased by 18.47% at Rs 10,829.08 crore for Q2FY19 as compared Rs 9,140.40 crore for the corresponding quarter previous year.
