Archive · 20 Jul 2026
Kotak Bank Outperforms Axis in Q1 Earnings
Axis Bank and Kotak Mahindra Bank recently released their quarterly earnings.
Axis Bank's profit beat estimates, but its net interest margins were under pressure, causing its stock to fall by 5%.
Kotak Mahindra Bank, on the other hand, had a strong quarter with a 25% increase in profit, 9% growth in net interest income, and a 45% reduction in provisions.
While Axis Bank has long-term support, Kotak appears to be the stronger bet for now.
Experts suggest that Kotak is well-positioned for growth, but it might be better to buy at a lower price.
The market is currently focusing on the quality of earnings and the resilience of margins in the banking sector.
Axis Bank's Q1 profit beat estimates but margin pressure caused a 5% stock drop.
Kotak Mahindra Bank reported a 25% increase in profit, 9% growth in net interest income, and 45% lower provisions.
Kotak's asset quality trends were mixed, with gross NPA declining and net NPA slightly increasing.
Market experts view Kotak as better positioned for growth due to steadier margins.
Axis Bank needs improved operating numbers to regain momentum, while Kotak is seen as a stronger near-term bet.
- Who
- Axis Bank and Kotak Mahindra Bank
- What
- Q1 earnings results
- When
- Not specified
- Where
- India
- Why
- To assess their financial performance and market reaction
- Axis Bank Profit
- Beat estimates
- Axis Bank NIM
- Under pressure
- Kotak Bank Profit
- Rs 4,123 crore, up 25%
- Kotak Bank NII
- Up 9%
- Kotak Bank Provisions
- Down 45%
- Axis Bank Stock Reaction
- Fell 5%
- Kotak Bank Gross NPA
- Declined
- Kotak Bank Net NPA
- 0.27%, up from 0.25%