New Delhi: Kotak Mahindra Bank on Saturday reported a 3% decline in its standalone net profit to Rs 3,253 crore for the quarter ended September 30, 2025, compared with Rs 3,344 crore in the same period last year.
According to a regulatory filing, the bank’s total income rose to Rs 16,239 crore in Q2FY26, up from Rs 15,900 crore a year earlier. Interest income also increased to Rs 13,649 crore, compared to Rs 13,216 crore in the corresponding quarter of the previous year.
The bank’s Net Interest Income (NII) grew 4% year-on-year to Rs 7,311 crore, from Rs 7,020 crore in Q2FY25. However, the Net Interest Margin (NIM) moderated to 4.54%, down from 4.91% in the year-ago quarter.
Asset quality showed improvement, with gross NPAs declining to 1.39% of gross advances as of September 2025, compared to 1.49% a year earlier. Net NPAs also fell to 0.32%, from 0.43% in the same period last year.
On a consolidated basis, Kotak Mahindra Bank reported an 11% drop in net profit to Rs 4,468 crore, compared with Rs 5,044 crore in Q2FY25. The bank’s Return on Assets (ROA) at the consolidated level also slipped to 1.97%, from 2.53% a year ago.
