According to www.thehindubusinessline.com, Kotak Mahindra Bank (KMB), India’s fourth largest private sector bank, reported a 13 per cent year-on-year increase in standalone net profit for Q4FY26 at ₹4,027 crore, up from ₹3,552 crore in Q4FY25.
Financial Performance Overview
While quarterly profit rose, standalone net profit for the full fiscal year FY26 declined 15 per cent year-on-year to ₹14,008 crore, compared to ₹16,450 crore in FY25. The source states this decline reflects the absence of a one-time gain: FY25’s results included a pre-tax net gain of ₹3,803 crore from the sale of a 70 per cent stake in Kotak General Insurance to Zurich Insurance Company for ₹4,096 crore.
The bank’s board recommended a dividend of ₹0.65 per equity share (face value ₹1) for FY26.
Revenue and Provisioning Trends
Net interest income grew 8 per cent year-on-year to ₹7,876 crore (from ₹7,284 crore in Q4FY25). Other income — comprising non-fund-based revenue such as commissions from guarantees and letters of credit, third-party product distribution, foreign exchange earnings, investment revaluation gains, and dividends from subsidiaries — fell 2 per cent year-on-year to ₹3,116 crore (from ₹3,182 crore).
Provisions, including those for non-performing assets (NPAs), declined sharply by 43 per cent year-on-year to ₹516 crore (from ₹909 crore), reflecting improved asset quality.
Asset Quality and Balance Sheet Growth
- Gross NPAs stood at 1.2 per cent of gross advances as of March-end 2026, down from 1.42 per cent as of March-end 2025.
- Net NPAs improved to 0.25 per cent, from 0.31 per cent year-on-year.
- Total deposits rose 15 per cent year-on-year to ₹5,72,456 crore.
- Net advances increased 16 per cent year-on-year to ₹4,96,009 crore.
Strategic Priorities and Risk Monitoring
Ashok Vaswani, MD & CEO, stated the bank is closely monitoring second-order impacts from geo-political developments and the El Niño weather pattern. He added:
“Further, he does not see any stress from the West Asia war.”
The source states KMB expects its unsecured lending book to grow “in a calibrated manner, with the focus being on existing customers.”
Consolidated net profit for Q4FY26 stood at ₹5,423 crore, up 10 per cent year-on-year from ₹4,933 crore in Q4FY25.
Source: www.thehindubusinessline.com
Compiled from international media by the SCI.AI editorial team.
