Kotak Mahindra Bank logo

Kotak Mahindra Bank Q2 results, quarter to Sep 2026

NSE: KOTAKBANKBSE: 500247BanksLarge Cap

Kotak Mahindra Bank Limited · Formerly Kotak Mahindra Finance · Face value ₹1 · Listed Apr 1992 on BSE, Dec 1995 on NSE
Last close ₹442.50up ₹1.75 (0.40%)BSE ₹442.85

Share price at the NSE close on 27 Oct 2026. Previous close ₹440.75.

27 Oct: open ₹441.45, high ₹444.80, low ₹439.90

52-week range of traded prices to 27 Oct 2026
₹345.50Low, 2 Apr 2026₹453.10High, 16 Oct 2026
Market cap
₹4,40,194 Cr16th largest listed
P/E
20.50
P/B
2.26
Dividend yield
0.15%
ROE
11.8%
NIM
4.68%
Gross NPA
1.04%
Net NPA
0.24%
CET1
21.45%
ROA
2.05%
Volume, NSE
2,57,27,83363.3% delivered

Kotak Mahindra Bank filed its Q2 results for the quarter to Sep 2026 on 24 Oct 2026 at 5:03 pm, consolidated: the company and its subsidiaries together.

Q2 results, quarter to Sep 2026

₹ crore.Kotak Mahindra Bank annual results and balance sheet

Total income
₹29,427 Cr+18.2% on a year ago · −2.1% on the quarter before
Net profit
₹5,645 Cr+26.3% on a year ago · +3.0% on the quarter before
Earnings per share
₹5.68+26.4% on a year ago · +3.1% on the quarter before
Net interest income
₹11,175 Cr
Profit before provisions
₹8,351 Cr
Gross bad loans
1.09%

From interest earned to net profit, ₹ crore

  1. Interest earned19,856
  2. Interest paid−8,681
  3. Net interest income11,175
  4. Other income+9,571
  5. Operating expenses−12,396
  6. Before provisions8,351
  7. Set aside for bad loans−820
  8. Profit before tax7,530
  9. Tax−1,896
  10. Net profit5,645

Kotak Mahindra Bank results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Total income and net profit by quarter, ₹ crore

  • Total income
  • Net profit
24,0834,265Dec 2327,9075,337Mar 2425,0767,448Jun 2426,8805,044Sep 2423,9464,701Dec 2427,1744,933Mar 2526,7044,472Jun 2524,9014,468Sep 2527,8514,924Dec 2528,1085,423Mar 2630,0695,480Jun 2629,4275,645Sep 26

Net interest income and money set aside for bad loans by quarter, ₹ crore

  • Net interest income
  • Set aside for bad loans
8,509662Dec 238,944442Mar 249,032774Jun 249,288890Sep 249,4621,054Dec 249,6121,140Mar 259,7191,321Jun 259,8661,054Sep 2510,122940Dec 2510,451585Mar 2610,652765Jun 2611,175820Sep 26
₹ croreDec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Q3Mar 2023Jun 2023Q1Sep 2023Dec 2023Q3Mar 2024Jun 2024Q1Sep 2024Dec 2024Q3Mar 2025Q4Jun 2025Q1Sep 2025Q2Dec 2025Q3Mar 2026Q4Jun 2026Q1Sep 2026Q2
Total income14,17616,79411,65917,51318,48120,73120,72421,56024,08327,90725,07626,88023,94627,17426,70424,90127,85128,10830,06929,427
8,6268,8389,1649,99411,01111,98212,86913,71714,49515,15615,83716,42716,63316,77217,24817,19917,50717,82718,35519,856
On loans5,8056,1036,5297,2808,1058,8219,4279,91610,59310,93011,36311,77712,01212,15612,35112,42612,71812,89113,22214,176
On investments2,4122,3382,2362,3312,5112,8163,0643,2263,3793,6273,8684,0693,9934,0604,2684,1214,0534,1194,2704,624
On balances with the RBI and other banks277247288265247229276464431371479459490386471470568635659784
Other interest13315111211814711610211092227127122138169158183168181203272
Interest paid2,9192,9033,0043,3743,8044,2304,8345,5365,9856,2126,8057,1397,1717,1607,5297,3337,3847,3767,7038,681
Net interest income5,7075,9356,1606,6207,2077,7528,0358,1818,5098,9449,0329,2889,4629,6129,7199,86610,12210,45110,65211,175
Other income5,5507,9562,4957,5197,4708,7497,8557,8439,58812,7519,23910,4537,31310,4029,4567,70310,34410,28011,7149,571
6,9659,2064,9609,2559,30610,3649,8909,68111,82214,47811,48912,2049,54112,52311,80010,55212,99313,07114,09212,396
Profit before provisions4,2934,6853,6954,8845,3716,1376,0006,3436,2767,2176,7827,5377,2347,4917,3757,0177,4737,6618,2748,351
Set aside for bad loans−118−40291371471484144556624427748901,0541,1401,3211,054940585765820
Exceptional items00000000003,80300000036800
Profit before tax4,4115,0873,6864,7475,2245,9895,5865,8885,6146,7759,8116,6476,1806,3516,0535,9636,5337,4437,5097,530
Tax1,0731,2299741,1681,2651,4591,4771,4651,4111,5332,4121,6491,5401,4421,6241,5171,6292,0422,0221,896
Share of profit of associates653343293637413862954946612443222022−711
Net profitThe lines under it are parts of it, not all of it.3,4033,8922,7553,6083,9954,5664,1504,4614,2655,3377,4485,0444,7014,9334,4724,4684,9245,4235,4805,645
Earnings per share₹3.43₹3.88₹2.78₹3.63₹4.02₹4.56₹4.18₹4.49₹4.29₹5.33₹7.49₹5.07₹4.73₹4.96₹4.50₹4.49₹4.95₹5.45₹5.51₹5.68
Diluted earnings per share₹3.43₹3.88₹2.78₹3.63₹4.02₹4.56₹4.18₹4.49₹4.29₹5.33₹7.49₹5.07₹4.73₹4.96₹4.50₹4.49₹4.95₹5.45₹5.51₹5.67
Earnings per share in rupees, restated for later splits and bonuses.
FigureDec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Q3Mar 2023Jun 2023Q1Sep 2023Dec 2023Q3Mar 2024Jun 2024Q1Sep 2024Dec 2024Q3Mar 2025Q4Jun 2025Q1Sep 2025Q2Dec 2025Q3Mar 2026Q4Jun 2026Q1Sep 2026Q2
Gross bad loans, ₹ crore7,9937,3347,2246,9666,7306,4196,5876,7666,9816,0036,2516,8357,2187,1127,726–7,3987,0467,1587,096
Net bad loans, ₹ crore2,4972,1492,1431,9751,6681,4791,5801,5551,4871,5671,6892,0672,0701,7521,980–1,9981,7301,8251,819
Gross bad loans, % of loans2.75%2.37%2.27%2.09%1.91%1.76%1.75%1.69%1.68%1.38%1.39%1.48%1.51%1.45%1.50%–1.33%1.23%1.21%1.09%
Net bad loans, % of loans0.87%0.71%0.69%0.60%0.48%0.41%0.43%0.39%0.36%0.36%0.38%0.45%0.44%0.36%0.39%–0.36%0.31%0.31%0.28%
Bad loans already provided for68.76%70.70%70.33%71.64%75.22%76.96%76.02%77.02%78.70%73.89%72.99%69.76%71.32%75.37%74.37%–72.99%75.44%74.50%74.37%
Core equity to risk-weighted loans20.21%21.51%21.00%20.12%18.61%20.64%20.00%18.95%17.85%20.55%22.41%21.69%22.49%21.10%22.70%21.85%22.40%22.08%22.57%22.06%
Tier 1 capital20.38%21.67%21.15%20.27%18.75%20.77%20.12%19.08%17.97%21.85%23.31%–––––––––
Additional tier 1 capital0.17%0.16%0.15%0.15%0.14%0.13%0.12%0.13%0.12%1.30%0.90%–––––––––
Held by the government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Per cent, and the bad loans themselves in ₹ crore. A non-performing loan is one the borrower has stopped paying, generally for 90 days.

Segment results by quarter

Consolidated, ₹ crore, quarters to Sep 2026.Kotak Mahindra Bank segment results by year

  • Retail Banking

    Revenue, ₹ crore
    Profit, ₹ crore
  • Corporate / Wholesale Banking

    Revenue, ₹ crore
    Profit, ₹ crore
  • Insurance

    Revenue, ₹ crore
    Profit, ₹ crore
  • Treasury, BMU and Corporate Centre

    Revenue, ₹ crore
    Profit, ₹ crore
  • Broking

    Revenue, ₹ crore
    Profit, ₹ crore
  • Vehicle Financing

    Revenue, ₹ crore
    Profit, ₹ crore
  • Asset Management

    Revenue, ₹ crore
    Profit, ₹ crore
  • Other Lending Activities

    Revenue, ₹ crore
    Profit, ₹ crore
  • Advisory and Transactional Services

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue of all businesses25,98530,07027,02729,11326,18229,67628,89927,08629,74430,07531,79831,806
Company revenue, as in its results24,08327,90725,07626,88023,94627,17426,70424,90127,85128,10830,06929,427
Revenue7,2587,9637,9468,2788,8438,7638,6518,3448,8908,5508,3419,314
Revenue growth36.8%47.8%33.7%24.1%21.8%10.0%8.9%0.8%0.5%−2.4%−3.6%11.6%
Profit1,4431,7981,4381,3971,5271,4961,0801,4381,4371,6991,4301,987
Profit growth60.0%32.0%26.4%3.2%5.8%−16.8%−24.9%2.9%−5.9%13.6%32.4%38.2%
Margin19.9%22.6%18.1%16.9%17.3%17.1%12.5%17.2%16.2%19.9%17.1%21.3%
Assets3,54,5643,84,2583,80,0994,14,9604,23,4134,43,8304,52,7614,59,3114,76,0274,99,2024,99,4615,77,123
Liabilities3,26,0353,53,3573,49,2293,70,1253,77,0503,95,9714,04,2134,09,3224,24,1064,45,5844,44,0145,19,689
Revenue5,7635,7255,7866,2326,0906,6786,2676,7006,2076,9857,0178,173
Revenue7,2269,8496,5517,3564,3277,0356,4705,0737,1707,2998,3106,361
Revenue2,6163,1193,1623,3173,0723,2893,7083,1333,3563,1943,6573,828
Revenue8021,0281,0711,1601,1599791,0911,1281,2041,2941,3571,395
Revenue8999329691,0251,0531,0541,0851,0851,1181,0701,2131,125
Revenue5305225846716749658668249367321,071924
Revenue548506533595518581536570574585583345
Revenue343426425480445332224230288367249341
Profit is before tax and finance costs, the way companies report their segments.