Kotak Mahindra Bank has reported a strong financial performance for the first quarter of the financial year 2026-27, with consolidated net profit rising to ₹5,480.46 crore for the quarter ended June 30, 2026.
The private sector lender recorded a 22.54% year-on-year increase in consolidated profit after tax compared to ₹4,472.18 crore reported during the same period last year.
The bank’s total income also witnessed growth, increasing to ₹30,068.60 crore in Q1 FY27 from ₹26,703.92 crore in the corresponding quarter of the previous fiscal year.
Quarterly Performance
Despite strong year-on-year growth, the bank’s net profit saw a marginal decline on a sequential basis. Profit decreased 0.79% from ₹5,423.15 crore reported in the quarter ended March 31, 2026.
Total income, however, improved compared to the previous quarter, rising from ₹28,107.60 crore.
The bank reported total expenditure of ₹21,794.91 crore during the quarter, compared with ₹19,329.35 crore in the same quarter last year.
Earnings Per Share
Kotak Mahindra Bank’s basic and diluted earnings per share (not annualised) stood at ₹5.51 for the June quarter, up from ₹4.50 recorded in Q1 FY26.
Segment-Wise Revenue Performance
The Treasury, Balance Sheet Management Unit (BMU) and Corporate Centres segment contributed ₹3,657.11 crore in revenue during the quarter.
Retail Banking generated revenue of ₹8,341.25 crore, while the Corporate and Wholesale Banking segment recorded revenue of ₹7,016.63 crore.
The latest results highlight steady growth for Kotak Mahindra Bank as it continues to strengthen its financial position amid changing market conditions.