Kotak Mahindra Bank's net profit rose 26 per cent year-on-year to Rs 4,123 crore in Q1FY27.

India

Who

Kotak Mahindra Bank

What

When

Sat, 18 Jul 2026 08:33:11 GMT · 2h 17m ago

Where

India ·

Why

Lower provisions, healthy loan growth, and a rise in fee income supported the net profit, despite a decline in net interest margin.

The Frontline Impact

How this affects you

The bank reported a 26% year-on-year increase in net profit for Q1FY27, reaching Rs 4,123 crore. This growth was driven by reduced provisions and strong loan expansion, partially counteracting pressure on net interest margins.

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Verified Sources & Citations

The Tribune
https://www.tribuneindia.com/news/business/kotak-mahindra-bank-q1fy27-net-profit-rises-26-yoy-as-lower-provisions-robust-loan-growth-offset-nim-pressure/
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