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Kotak Mahindra Bank - Quaterly Results

20 Jul 2024 Evaluate
The company witnessed a 21.39% growth in the revenue at Rs. 127461.10 millions for the quarter ended June 2024 as compared to Rs. 105000.00 millions during the year-ago period.Handsome Net Profit growth of 81.03% reported above the corresponding previous quarter figure of Rs. 62498.20 millions to Rs. 34523.00 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Interest Earned 127461.10 105000.00 21.39 127461.10 105000.00 21.39 457989.10 342508.50 33.72
Other Income 29290.40 26832.60 9.16 29290.40 26832.60 9.16 102731.00 70830.50 45.04
Interest Expended 59037.60 42663.10 38.38 59037.60 42663.10 38.38 198057.10 126989.30 55.96
Operating Expenses 45172.80 45172.80 13.86 45172.80 39673.80 13.86 166788.50 137869.90 20.98
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 5784.80 3643.10 58.79 5784.80 3643.10 58.79 15737.30 4569.90 244.37
Tax 19457.10 11329.60 71.74 19457.10 11329.60 71.74 42321.40 34516.90 22.61
PAT 62498.20 34523.00 81.03 62498.20 34523.00 81.03 137815.80 109393.00 25.98
Equity 9939.80 9936.10 0.04 9939.80 9936.10 0.04 9939.60 9932.80 0.07
OPM 41.22 47.14 -12.55 41.22 47.14 -12.55 42.77 43.35 -1.34
Peers
Company Name CMP
HDFC Bank 718.80
ICICI Bank 1358.30
Axis Bank 1248.00
Kotak Mahindra Bank 416.15
Indusind Bank 949.60
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