Kotak Mahindra Bank has reported a robust financial performance for the fourth quarter of FY26, with standalone profit after tax (PAT) rising 13 per cent year-on-year to ₹4,027 crore, driven by steady loan growth, higher deposits and improved asset quality.
The bank’s net interest income (NII) grew 8 per cent to ₹7,876 crore in Q4FY26, while operating profit increased 7 per cent to ₹5,855 crore. Fee and services income also rose 6 per cent year-on-year to ₹2,767 crore during the quarter. For the full financial year FY26, standalone PAT stood at ₹14,008 crore.
Kotak Mahindra Bank reported a sharp decline in provisions, which fell 43 per cent year-on-year to ₹516 crore in Q4FY26, reflecting improving credit quality. Gross non-performing assets (GNPA) improved to 1.20 per cent as of March 31, 2026, compared to 1.42 per cent a year earlier.
The lender continued to witness strong business growth, with net advances rising 16 per cent year-on-year to ₹4.96 lakh crore and total deposits increasing 15 per cent to ₹5.72 lakh crore. The bank’s customer base expanded to 5.2 crore customers during the year.
On a consolidated basis, the group posted PAT of ₹5,423 crore for Q4FY26, up 10 per cent year-on-year, while consolidated PAT for FY26 stood at ₹19,288 crore. The bank’s board recommended a dividend of ₹0.65 per equity share for FY26.
