Kotak Mahindra Bank Ltd.

NSE: KOTAKBANK | BSE: 500247 | ISIN: INE237A01028 | Industry: Banks
| Mid-range Performer
2090.1000 -21.10 (-1.00%)
NSE May 20, 2025 15:31 PM
Volume: 3.9M
 

2090.10
-1.00%

Kotak Mahindra

KRChoksey
Fee income at INR 10.2 bn continued to exhibit strong growth, up 26% yoy. The bank delivered a PPOP of INR 21 bn, +21% yoy/3% qoq while simultaneously improving opex/assets ratio (at 2.57% vs 2.66% in Q2FY18 and 2.56% in Q1FY19). Provisioning at INR 3.5 bn includes provision on investments of INR 1.3 bn and was up 63% yoy/down 25% qoq. Credit costs of 51 bps is lower sequentially owing to low MTM losses as compared to Q1FY19. PAT at INR 11.4 bn was up 15% yoy/ 11% qoq, translating into ROE of 11.6%. GNPA at INR 40.3 bn was up 3.4% qoq translating into stress of 2.15%, down 2 bps qoq. NNPA was 0.86%, flat qoq and PCR stands at 62.8% (+196 bps qoq). CAR stands at 18%. The...
Number of FII/FPI investors increased from 1330 to 1463 in Mar 2025 qtr.
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