Kotak Mahindra Bank Q1 Results: Profit rises 26% YoY to Rs 2,071 cr, NII up 19%; asset quality stable

Kotak Mahindra Bank on Saturday reported a 26 per cent year-on-year (YoY) rise in profit after tax (PAT) at Rs 2,071 crore compared with Rs 1,642 crore in the same quarter last year. The bank said its net interest income (NII) rose 19 per cent YoY to Rs 4,697 crore compared with Rs 3,942 crore in the same quarter last year. Net Interest Margin (NIM) for the quarter came in at 4.92 per cent.

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