18-Jul-2026Today's Market Indicators


Kotak Mahindra Bank Q1 PAT climbs 26% YoY to Rs 4,123 cr
(13:25, 18 Jul 2026)

Total income increased 5.31% YoY to Rs 17,815.69 crore during the quarter.

Profit before provisions and contingencies rose 10.20% YoY to Rs 6,131.35 crore in Q1FY27. Provisions declined 44.68% YoY to Rs 668.13 crore from Rs 1,207.76 crore in Q1FY26.

Net Interest Income (NII) increased 9% YoY to Rs 7,928 crore in Q1FY27 from Rs 7,259 crore in Q1FY26. Net Interest Margin (NIM) stood at 4.53% compared with 4.65% in Q1FY26.

The bank reported strong deposit growth in Q1FY27, with Total Period-end Deposits rising 12% YoY to Rs 5,72,820 crore from Rs 5,12,838 crore in Q1FY26.

Average Total Deposits grew 14% YoY to Rs 5,58,891 crore in Q1FY27 from Rs 4,91,998 crore in Q1FY26, while Average Current Deposits increased 15% YoY to Rs 78,107 crore from Rs 67,808 crore in Q1FY26.

Average Fixed Rate Savings Deposits rose 16% YoY to Rs 1,25,061 crore from Rs 1,07,450 crore in Q1FY26, and Average Term Deposits grew 14% YoY to Rs 3,41,992 crore from Rs 3,00,003 crore in Q1FY26.

The bank's CASA ratio stood at 40.3% as of 30 June 2026, compared with 40.9% as of 30 June 2025.

Operating Expenses increased 8% YoY to Rs 5,135 crore in Q1FY27 from Rs 4,775 crore in Q1FY26, while Cost to Assets improved to 2.66% from 2.83% in Q1FY26.

Operating Profit rose 10% YoY to Rs 6,131 crore from Rs 5,564 crore in Q1FY26.

Net Advances grew 15% YoY to Rs 5,12,249 crore as of 30 June 2026 from Rs 4,44,823 crore as of 30 June 2025. Customer Assets increased 16% YoY to Rs 5,70,901 crore from Rs 4,92,972 crore.

The bank's Credit to Deposit Ratio stood at 89.4% as of 30 June 2026, compared with 86.7% as of 30 June 2025.

Slippages declined 27% YoY to Rs 1,321 crore in Q1FY27 from Rs 1,812 crore in Q1FY26. GNPA improved to 1.18% and NNPA to 0.27% as of 30 June 2026, compared with GNPA of 1.48% and NNPA of 0.34% as of 30 June 2025.

Provision Coverage Ratio stood at 78% as of 30 June 2026, compared with 77% as of 30 June 2025.

Standalone ROA (annualised) stood at 2.14% and ROE (annualised) at 11.98% for Q1FY27. The bank's Capital Adequacy Ratio stood at 22.8% and CET1 ratio at 22.4% as of 30 June 2026.

Kotak Mahindra Bank is the flagship company of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance.

Shares of Kotak Mahindra Bank rose 3.37% to end at Rs 389.85 on the BSE on Friday, 17 July 2026.

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