Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
2159.50
-5.75 (-0.27%)
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Kotak Mahindra Bank reports 16% rise in Q2 consolidated net profit

Date: 25-10-2012

Kotak Mahindra Bank has reported results for second quarter ended September 30, 2012.

The bank has posted a rise of 7.83% in its net profit at Rs 280.38 crore for the quarter ended September 30, 2012 as compared to Rs 260.01 crore for the same quarter in the previous year. Total income has increased by 29.66% at Rs 2174.50 crore for quarter under review as compared to Rs 1677.14 crore for the quarter ended September 30, 2011.

On Consolidated basis, the bank has posted a rise of 16.09% in its net profit after tax at Rs 502.17 crore for the quarter ended September 30, 2012 as compared to Rs 432.58 crore for the same quarter in the previous year. Total income has increased by 47.25% at Rs 4035.75 crore for quarter under review as compared to Rs 2740.84 crore for the quarter ended September 30, 2011.