Kotak Mahindra Bank reports 3% fall in Q1 consolidated net profit

26 Jul 2021 Evaluate

Kotak Mahindra Bank has reported results for first quarter ended June 30, 2021.

The bank has reported a rise of 31.94% in its net profit at Rs 1,641.92 crore for the quarter under review as compared to Rs 1,244.45 crore for the same quarter in the previous year. Total income of the bank increased by 4.91% at Rs 8,062.81 crore for Q1FY22 as compared Rs 7685.40 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a fall of 2.51% in its net profit at Rs 1,806.09 crore for the quarter under review as compared to Rs 1,852.59 crore for the same quarter in the previous year. However, total income of the bank increased by 3.87% at Rs 12,799.59 crore for Q1FY22 as compared Rs 12,323.15 crore for the corresponding quarter previous year.

Kotak Mahindra Bank Share Price

1785.80 10.15 (0.57%)
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Company Name CMP
HDFC Bank 1448.20
ICICI Bank 1095.75
Axis Bank 1048.30
Indusind Bank 1549.10
Kotak Mahindra Bank 1785.80
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