Kotak Mahindra Bank Limited — Updates, 19-10-2024: Press Release
19-10-2024 · 12:19 pm
Kotak Mahindra Bank reported a consolidated Profit After Tax (PAT) of ₹5,044 crore for Q2FY25, up 13% YoY, while standalone PAT rose to ₹3,344 crore, increasing 5% YoY. Net Interest Income grew 11% to ₹7,020 crore, with a Net Interest Margin of 4.91%. Customer Assets surged 18% YoY to ₹450,064 crore. The Capital Adequacy Ratio stood at 22.6%. Overall, strong financial performance reflects effective growth strategies and solid asset management.
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