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Kotak Mahindra Bank - Quaterly Results

29 Apr 2023 Evaluate
The sales surged to Rs. 98209.40 millions, up 38.99% for the March 2023 quarter as against Rs. 70659.40 millions during the corresponding quarter previous year.The company has announced a 26.31% increase in its profits to Rs . 34955.90  millions for the  quarter ended March 2023 compared to Rs. 27674.00 millions in the corresponding quarter in the previous year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Interest Earned 98209.40 70659.40 38.99 342508.50 270388.20 26.67 342508.50 270388.20 26.67
Other Income 21862.90 17041.00 28.30 70830.50 59859.20 18.33 70830.50 59859.20 18.33
Interest Expended 37183.90 25445.40 46.13 126989.30 102209.10 24.24 126989.30 102209.10 24.24
Operating Expenses 36414.70 36414.70 26.19 137869.90 107529.60 28.22 137869.90 107529.60 28.22
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 1475.70 -3062.10 -148.19 4569.90 6895.60 -33.73 4569.90 6895.60 -33.73
Tax 10042.10 8787.10 14.28 34516.90 27886.20 23.78 34516.90 27886.20 23.78
PAT 34955.90 27674.00 26.31 109393.00 85726.90 27.61 109393.00 85726.90 27.61
Equity 9932.80 9923.30 0.10 9932.80 9923.30 0.10 9932.80 9923.30 0.10
OPM 47.32 47.27 0.11 43.35 44.57 -2.73 43.35 44.57 -2.73
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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