Kotak Mahindra Bank Ltd.

The sales surged to Rs. 117990.20 millions, up 31.12% for the December 2023 quarter as against Rs. 89986.10 millions during the corresponding quarter previous year.A humble growth in net profit of 7.63% reported in the quarter ended December 2023 to Rs. 30050.10  millions from Rs. 27918.80 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202312	202212	% Var	202312	202212	% Var	202303	202203	% Var
Interest Earned	117990.20	89986.10	31.12	334918.50	244299.10	37.09	342508.50	270388.20	26.67
Other Income	22970.20	19483.20	17.90	72948.10	48967.60	48.97	70830.50	59859.20	18.33
Interest Expended	52455.00	33456.90	56.78	144080.00	89805.40	60.44	126989.30	102209.10	24.24
Operating Expenses	42843.30	42843.30	14.21	122527.70	101455.20	20.77	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	5791.40	1488.30	289.13	13100.00	3094.20	323.37	4569.90	6895.60	-33.73
Tax	9820.60	9091.30	8.02	31676.10	24474.80	29.42	34516.90	27886.20	23.78
PAT	30050.10	27918.80	7.63	96482.80	74437.10	29.62	109393.00	85726.90	27.61
Equity	9938.30	9930.40	0.08	9938.30	9930.40	0.08	9932.80	9923.30	0.10
OPM	38.70	42.78	-9.54	42.18	41.75	1.01	43.35	44.57	-2.73