Archive · 26 Jul 2025
Kotak Mahindra Bank Reports 47.5% Profit Drop in Q1 FY26
Kotak Mahindra Bank's profit went down by almost half this past quarter.
This is because they made a big profit last year from selling part of their insurance business, so this year looked less good.
They also put aside more money to cover possible loan losses, which further reduced profits.
Even though they earned more from the interest on loans, the overall profit was still lower compared to the previous year.
Kotak Mahindra Bank's Q1 FY26 net profit decreased by 47.5% to ₹3,282 crore.
The profit decline was due to a one-time gain from a prior year's insurance stake sale and increased provisions.
Net interest income increased 6% to ₹7,259 crore.
Provisions and contingencies increased significantly by 109% to ₹1,208 crore.
GNPAs rose to 1.48% of gross advances as of June-end 2025.
- Who
- Kotak Mahindra Bank.
- What
- Kotak Mahindra Bank's net profit fell 47.5% to ₹3,282 crore.
- When
- Q1 FY26, ended June 30, 2025.
- Where
- Financial performance of Kotak Mahindra Bank.
- Why
- Due to a one-time gain in the previous year and increased provisions in the current quarter.
Profitability Factors
Financial Results Overview
Performance Metrics
Profitability Factors
Profitability was impacted by a one-time gain from the previous year's stake sale and increased provisions.
Financial Results Overview
Net interest income increased.
- Net Profit Q1 FY26
- ₹3,282 crore
- Net Profit Q1 FY25
- ₹6,250 crore
- Net Interest Income
- ₹7,259 crore
- Provisions and Contingencies
- ₹1,208 crore
- GNPAs
- 1.48%
- NIM
- 4.65%
Sources
BoB reports muted growth in Q1FY26 net profit at ₹4541 cr
Kotak Mahindra Bank reports 47.5% drop in Q1 FY26 net profit at ₹3,282 cr
Kotak Mahindra Bank Q1 Results: Net Profit Falls 7% To Rs 3,282 Crore, NII Up 6%
Kotak Mahindra Bank Q1 profit falls 47.5% on higher provisions, lower lending margins
