Kotak Mahindra Bank has reported results for third quarter ended December 31, 2012.
The bank has registered a rise of 30.90% in its net profit at Rs 361.38 crore in Q3FY13 as compared to Rs 276.08 crore in the corresponding quarter previous year. The total income from operation of the bank has increased by 24.78% to Rs 2399.44 crore for the quarter under review as compared to Rs 1922.94 crore in the same quarter last year.
The bank, on consolidated basis, posted growth of 24.77% in its net profit at Rs 577.21 crore for the quarter as compared to Rs 462.63 crore for the same quarter in the previous year. Total income of the bank increased by 33.10% at Rs 4,157.12 crore for quarter under review as compared to Rs 3,123.31 crore for the quarter ended December 31, 2011.
