Kotak Mahindra Bank Q1FY26 PAT at ₹4,472 Cr Consolidated; Standalone Profit at ₹3,282 Cr
By HDFC SKY | Published at: Jul 26, 2025 07:20 PM IST
Mumbai, July 26, 2025 – Kotak Mahindra Bank Ltd (NSE: KOTAKBANK, BSE: 500247) posted a consolidated Profit After Tax (PAT) of ₹4,472 crore for the quarter ended June 30, 2025 (Q1FY26), up 1% year-on-year excluding the previous year’s one-time gain from the divestment of Kotak General Insurance (KGI). The standalone PAT stood at ₹3,282 crore, as announced in its Board meeting held today.
Key Financial Highlights
Consolidated Performance (₹ crore)
| Metric | Q1FY26 | Q1FY25 | YoY Growth |
|---|---|---|---|
| Consolidated PAT | 4,472 | 4,435* | +1%* |
| Consolidated Customer Assets | 5,57,369 | 4,94,105 | +13% |
| Total AUM | 7,50,143 | 6,36,311 | +18% |
| Domestic MF Equity AUM | 3,57,323 | 2,92,048 | +22% |
| Consolidated Networth | 1,64,903 | 1,41,029 | +17% |
| Book Value per Share (₹) | 829 | 710 | +17% |
*Q1FY25 PAT excludes KGI divestment gain
Subsidiary-Wise PAT
| Entity | Q1FY26 | Q1FY25 |
|---|---|---|
| Kotak Mahindra Bank | 3,282 | 3,520* |
| Kotak Securities | 465 | 400 |
| Kotak Life Insurance | 327 | 174 |
| Kotak AMC & Trustee | 326 | 175 |
| Kotak Mahindra Prime | 272 | 232 |
| Kotak Investments | 107 | 138 |
| Kotak Capital Company | 89 | 81 |
| Kotak Alternate Asset Managers | 59 | 6 |
(*Q1FY25 excludes KGI gain)
Standalone Highlights
| Metric | Q1FY26 | Q1FY25 | YoY Change |
|---|---|---|---|
| Net Advances (₹ crore) | 4,44,823 | 3,89,957 | +14% |
| Net Interest Income (NII) | 7,259 | 6,842 | +6% |
| Operating Profit | 5,564 | 5,254 | +6% |
| Customers (cr) | 5.4 | 5.1 | – |
| CASA Ratio | 40.9% | – | – |
| Net Interest Margin (NIM) | 4.65% | – | – |
| GNPA (%) | 1.48% | 1.39% | – |
| NNPA (%) | 0.34% | 0.35% | – |
| ROA (annualized) | 1.94% | – | – |
| ROE (annualized) | 10.94% | – | – |
The bank’s unsecured retail advances (including retail microcredit) constituted 9.7% of net advances. Term deposits grew 19% YoY to ₹3 lakh crore, while the cost of funds stood at 5.01%.
Capital & Liquidity
| Metric | Value (as of June 30, 2025) |
|---|---|
| Consolidated Capital Adequacy Ratio (Basel III) | 23.7% |
| CET-1 Ratio | 22.7% |
| Standalone Capital Adequacy Ratio | 23.0% |
| Standalone CET-1 Ratio | 21.8% |
| Average Liquidity Coverage Ratio | 138% |
Management Insight
While the Bank didn’t provide a direct quote in the release, the consistent YoY growth in key metrics such as customer assets, AUM, and networth-even amid margin pressures and moderation in PAT-reflects Kotak’s resilience and diversified business model.
About the Company
Kotak Mahindra Bank Ltd, listed on NSE and BSE, is part of the Kotak Mahindra Group established in 1985. It became a scheduled commercial bank in 2003 and operates a full-service financial platform across banking, insurance, capital markets, and asset management. As of June 30, 2025, the Bank operates 2,154 branches and 2,927 ATMs across India and has international offices in London, New York, Dubai, Abu Dhabi, Singapore, and Mauritius.
For more details, visit: www.kotak.com
REF:https://nsearchives.nseindia.com/corporate/Kotakmahindrabank_26072025131428_MediaReleaseQ1FY26signed.pdf
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