Kotak Mahindra Bank Block Deal: Shareholder to sell ₹2,066 crore stake at ₹1,955 floor price

First Quarter Results

The bank reported a net profit of ₹3,281.7 crore in the June quarter, missing Street estimates of ₹3,442 crore. It was 57.5% lower than the previous year’s ₹6,250 crore.Also Read: Kotak Mahindra Bank, PVR INOX relaunch co-branded credit card with cinema-focused benefitsIts net interest income was at ₹7,249 crore, near Street estimates of ₹7,293 crore. The NII increased 6.1% to ₹6,842 crore from the lender’s reported in the first quarter of the previous fiscal.

Kotak Mahindra Bank’s gross non-performing assets (NPA) increased to ₹6,637.7 crore in the first quarter from ₹6,134 crore in the fourth quarter of the financial year 2025. It was at 1.48% in the June quarter in comparison to 1.42% in the previous one.

Its net non-performing assets for the June quarter increased to ₹1,531 crore from ₹1,343 crore sequentially. It was at 0.34% in the first quarter in comparison to 0.31% in the previous one.

Also Read: Kotak Mahindra Bank denies viral claim of massive credit to deceased woman’s account

Shares of Kotak Mahindra Bank Ltd ended at ₹2,002.15, down by ₹0.85, or 0.042%, on the BSE.