StocksMediumUpdated×2•Originally published 24 October 2026•Updated 24 October 2026•
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Kotak Mahindra standalone profit jumps 29.48% to 4,212 crore rupees in Q2
Key Facts
1Deposits reached 6.51 trillion rupees at the end of September, up 23.2% year on year and 13.7% quarter on quarter.
2Average net advances stood at 5.47 trillion rupees, up 22.1% year on year and 10.5% quarter on quarter.
3Average deposits stood at 6.06 trillion rupees, up 18.8% year on year and 8.5% quarter on quarter.
4Current and savings account deposits reached 2.49 trillion rupees, up 11.3% year on year and 7.8% quarter on quarter.
Kotak Mahindra Bank reported a standalone net profit of 4,212 crore rupees for the second quarter ended September 2026, marking a 29.48% increase compared to the same period last year. According to the bank's financial results, asset quality improved as gross non-performing assets fell to 1.04%.
These official results confirm strong financial performance following provisional data that showed total deposits reaching 6.51 trillion rupees by the end of September, a 23.2% year-on-year increase. Advances grew by 24.7%, while current and savings account deposits saw slower growth of 11.3% to reach 2.49 trillion rupees.