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Kotak Mahindra Bank - Quaterly Results

22 Jul 2023 Evaluate
The sales for the June 2023 quarter moved up 43.08% to Rs. 105000.00 millions as compared to Rs. 73384.90 millions during the corresponding quarter last year.Profit for the quarter ended June 2023 rises by 66.69% to Rs. 34523.00  millions from Rs. 20711.50 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 105000.00 73384.90 43.08 105000.00 73384.90 43.08 342508.50 270388.20 26.67
Other Income 26832.60 11160.30 140.43 26832.60 11160.30 140.43 70830.50 59859.20 18.33
Interest Expended 42663.10 26414.50 61.51 42663.10 26414.50 61.51 126989.30 102209.10 24.24
Operating Expenses 39673.80 39673.80 30.94 39673.80 30298.10 30.94 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 3643.10 235.90 1444.34 3643.10 235.90 1444.34 4569.90 6895.60 -33.73
Tax 11329.60 6885.20 64.55 11329.60 6885.20 64.55 34516.90 27886.20 23.78
PAT 34523.00 20711.50 66.69 34523.00 20711.50 66.69 109393.00 85726.90 27.61
Equity 9936.10 9927.20 0.09 9936.10 9927.20 0.09 9932.80 9923.30 0.10
OPM 47.14 37.93 24.29 47.14 37.93 24.29 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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