Kotak Mahindra Bank reported a net profit of Rs 3,253.33 crore for the second quarter (Q2FY26), down 2.7% compared to Rs 3,343.72 crore a year ago. In the previous quarter (Q1FY26), the bank reported a net profit of Rs 3,281.68 crore. Net interest income (NII) stood at Rs 7,311 crore, up 4% Year-on-Year (YoY).

Key highlights

NIM recorded at 4.54% and return on assets (ROA) came in at 1.88%. Gross NPA stood at Rs 6,479.58 crore. Net NPA recorde at Rs 1,490.98 crore.

Fresh slippages during the quarter were at Rs 1,629 crore compared to Rs 1,875 crore last year, while total write-offs stood at Rs 1,099 crore.

Total income stood at Rs 16,238.59 crore.

On consolidated front, its net profit stood at Rs 4,468.27 crore, down from Rs 5,044.05 crore in Q1FY26.

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