Kotak Mahindra Bank has reported results for third quarter ended December 31, 2021.
The bank has reported a rise of 14.99% in its net profit at Rs 2,131.36 crore for the quarter under review as compared to Rs 1,853.54 crore for the same quarter in the previous year. Total income of the bank increased by 3.91% at Rs 8,260.48 crore for Q3FY22 as compared Rs 7,949.74 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a rise of 30.79% in its net profit at Rs 3,402.74 crore for the quarter under review as compared to Rs 2,601.67 crore for the same quarter in the previous year. However, total income of the bank decreased by 3.37% at Rs 14,176.16 crore for Q3FY22 as compared Rs 14,671.02 crore for the corresponding quarter previous year.
