BusinessPhoto: Hindu BusinessKotak Mahindra Bank Q2 Net Profit Rises 26% on Better Income, Asset Quality
Kotak Mahindra Bank reported a 26% year-on-year increase in net profit to ₹5,645.38 crore for Q2, driven by higher income and improved asset quality. Total income rose 18% to ₹29,426.88 crore, and other income increased nearly 25% to ₹9,571.01 crore. Gross non-performing assets declined to 1.04% from 1.39% a year earlier. Sequentially, total and other income fell slightly.
Hindu Business··Mumbai

