Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank has reported results for third quarter ended December 31, 2014.

The bank has registered 36.63% rise in its net profit at Rs 464.52 crore for the quarter under review as compared to Rs 339.98 crore for the same quarter in the previous year. Total income of the bank has increased 20.15% at Rs 2994.2 crore for Q3FY15 as compared Rs 2492.01 crore for the corresponding quarter previous year.

On the consolidated basis, the bank’s net profit rose 21.20% to Rs 716.61 crore for the Q3 FY15 as compared to Rs 591.25 crore in Q3 FY14. Moreover, the total income surged 20.32 % to Rs 5323.46 crore in the quarter under review as compared to Rs 4424.5 crore in the corresponding quarter previous year.