Mumbai, Oct 25 (PTI) Kotak Mahindra Bank on Saturday reported an 11 per cent decline in its consolidated net profit for the September quarter to Rs 4,468 crore, pulled down by a slower growth in core income and weak performance of some subsidiaries.

On a standalone basis, the private sector lender reported a 3 per cent fall in net profit to Rs 3,253 crore for the reporting quarter.

Total consolidated income dropped to Rs 24,901.39 crore in the second quarter of FY2025-26 from Rs 26,880.02 crore in the year-ago quarter. Standalone income, however, increased to Rs 16,239 crore during the quarter under review, from Rs 15,900 crore in the same period last year.

The bank's Chief Executive and Managing Director, Ashok Vaswani, was non-committal on reports that the lender has completed due dil

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