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Kotak Mahindra Bank - Quaterly Results

21 Jan 2023 Evaluate
The sales surged to Rs. 89986.10 millions, up 30.47% for the December 2022 quarter as against Rs. 68968.20 millions during the corresponding quarter previous year.A comparatively good net profit growth of 30.99% to Rs. 27918.80 millions was reported for the quarter ended December 2022 compared to Rs. 21313.60 millions of previous same quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Interest Earned 89986.10 68968.20 30.47 244299.10 199728.80 22.32 270388.20 268402.80 0.74
Other Income 20999.80 13636.60 54.00 52979.30 45280.30 17.00 63543.50 50065.10 26.92
Interest Expended 33456.90 25625.20 30.56 89805.40 76763.70 16.99 102209.10 115006.20 -11.13
Operating Expenses 39030.60 39030.60 30.23 105466.90 81135.70 29.99 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 1488.30 -1317.40 -212.97 3094.20 9957.70 -68.93 6895.60 24590.40 -71.96
Tax 9091.30 7013.80 29.62 24474.80 19099.10 28.15 27886.20 23381.50 19.27
PAT 27918.80 21313.60 30.99 74437.10 58052.90 28.22 85726.90 69648.40 23.09
Equity 9930.40 9919.50 0.11 9930.40 9919.50 0.11 9923.30 9909.20 0.14
OPM 42.78 39.16 9.24 41.75 43.61 -4.26 44.57 43.82 1.70
Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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