Kotak Mahindra Bank Ltd. on Saturday reported a consolidated profit after tax (PAT) of ₹4,468 crore for Q2FY26, compared to ₹5,044 crore in Q2FY25. The bank’s standalone PAT stood at ₹3,253 crore against ₹3,344 crore a year earlier. Consolidated customer assets, including advances and credit substitutes, rose 13% year-on-year to ₹5,76,339 crore as of September 30, 2025. Total assets under management (AUM) grew 12% YoY to ₹7,60,598 crore, with domestic mutual fund equity AUM up 14% to ₹3,62,694 crore.
The bank’s consolidated net worth reached ₹1,67,935 crore, while book value per share rose 14% YoY to ₹844. The capital adequacy ratio stood at a strong 22.8%, and CET-I ratio at 21.8%. On a standalone basis, net advances increased 16% to ₹4,62,688 crore, and average total deposits grew 14% to ₹5,10,538 crore, with a CASA ratio of 42.3%.
In Kolkata, analysts observed that despite a marginal dip in profits, Kotak Mahindra Bank’s steady AUM growth, robust liquidity coverage of 132%, and improving asset quality—GNPA at 1.39% and NNPA at 0.32%—reflect resilience. Market participants expect the bank’s retail and SME lending momentum to support eastern India’s credit demand in the upcoming quarters.
