Overview
- Kotak Mahindra Bank, which released results Saturday, posted Q4 profit of Rs 5,423 crore on a consolidated basis and Rs 4,026.55 crore standalone, both higher year on year.
- Net interest income rose 8.1% to Rs 7,876 crore, and provisions for bad loans fell to about Rs 516 crore from Rs 909 crore a year earlier.
- Loan quality improved, with gross bad loans at 1.20% and net bad loans at 0.25% as of March 31, 2026.
- The board proposed a dividend of Rs 0.65 per equity share of face value Re 1, reflecting the stock split that took effect on January 14, 2026.
- For the full year, profit after tax was Rs 19,287.89 crore, down from FY25, even as net advances rose 16% to Rs 4.96 lakh crore.