Kotak Mahindra Bank reported Q3 Results on January 21, 2023. Net profit of Rs.2,791.88 crores rose 31% YoY, which was higher than the Money Control poll estimate.

Kotak Mahindra Bank reported a Net Interest Income of Rs.5,653 crores rose 30.4% YoY. It was Rs.4,334 crores in Q3 last year. 

Bank reported its NIM of 5.47%, it was at 4.62% in the same quarter last year.

Kotak Mahindra Bank reported a Net Total Income of Rs.7,753 crores rose 36% YoY. It was Rs.5,698 crores in Q3 last year. 

Bank reported a Net profit of Rs.2,791.88 crores rose 31% YoY, which was higher than the Money Control poll estimate. It was Rs.2,131.36 crores in Q3 last year. 

Bank reported Operating profit Rs.3,850 crores up 42.5% YoY. It was Rs.2,701 crores in Q3 last year. 

Kotak Mahindra Bank reported CASA Ratio of 53.3%. It was 59.9% in Q3 last year.

Bank reported Gross NPA of 1.90% was 2.08% QoQ and 2.71% YoY. Net NPA of 0.43% was 0.55% QoQ and 0.79% YoY.

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