Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
2163.65
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Kotak Mahindra Bank reports 21% rise in Q2 consolidated net profit

Date: 22-10-2022

Kotak Mahindra Bank has reported results for second quarter ended September 30, 2022.

The bank has reported rise of 27% in its net profit at Rs 2,580.68 crore for Q2FY23 as compared to Rs 2,032.01 crore for the corresponding quarter previous year. Total income of the bank increased by 19.48% to Rs 10,047.00 crore for the quarter under review as compared to Rs 8,408.87 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported rise of 20.73% in its net profit at Rs 3,608.18 crore for the quarter under review as compared to Rs 2,988.74 crore for the same quarter in the previous year. Total income of the bank increased by 14.15% to Rs 17,513.02 crore for the quarter under review as compared to Rs 15,342.72 crore for the same quarter in the previous year.