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- Kotak Mahindra Bank Q1 Results: Kotak Mahindra Bank Net Profit Declines 47% to Rs 3,282
Mumbai2 minutes ago
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Kotak Mahindra Bank has earned a total of ₹ 16,917 crore in the first quarter (April-June 2026). Out of this earnings, the bank spent Rs 11,353 crore in works like salary, electricity bill, deposit.
After this, the bank survived as a profit of Rs 3,282 crore. The bank made a profit of Rs 6,250 crore in the same period of a year ago. The annual basis has fallen 47.48%.
How was the share performance in the last one year?
Kotak Mahindra Bank released quarterly results on Saturday, July 26, on this day the stock market is closed. Earlier on July 25, the bank’s stock fell 0.98% to close at Rs 2,121.20.
The bank shares have fallen 4% in the last one month. Returns of 13% in 6 months and 17% in a year. Its stock has climbed 19% since this year i.e. January 1. The bank’s market cap is 4.22 lakh crore rupees.
Uday Kotak is the founder of Kotak Mahindra Bank
Kotak Mahindra Banks, banking and financial reviews provide. Its founder is Uday Kotak. He established this bank in 1985. Its headquarters are in Mumbai. The managing director and chief executive officer (CEO) of the bank is Ashok Vaswani.