Kotak Mahindra Bank's Q1 FY 2025-26 Quarter Results
- 27 Jul 2025
Result Summary
- Kotak Mahindra Bank Ltd reported a 4.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.5%.
- Its expenses for the quarter were down by 6.6% QoQ and up 5.7% YoY.
- The net profit decreased 16.2% QoQ and decreased 40.0% YoY.
- The earnings per share (EPS) of Kotak Mahindra Bank Ltd stood at 22.5 during Q1 FY 2025-26.
Financial Statments for Q1 FY 2025-26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 26703.92 | 27907.33 | 25075.87 | -4.3% | 6.5% |
Total Expenses | 19329.35 | 20690.26 | 18293.84 | -6.6% | 5.7% |
Provisions & contingencies | 1321.17 | 442.05 | 774.44 | 198.9% | 70.6% |
Profit Before Tax | 6053.40 | 6775.02 | 9810.99 | -10.7% | -38.3% |
Tax | 1624.27 | 1532.77 | 2411.60 | 6.0% | -32.6% |
Profit After Tax | 4472.18 | 5337.20 | 7448.16 | -16.2% | -40.0% |
Earnings Per Share | 22.50 | 26.60 | 37.50 | -15.4% | -40.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kotak Mahindra Bank Ltd is a leading banking and financial services company in India. It provides a wide range of services including commercial banking, investment banking, stock broking, life insurance, and asset management. The bank is known for its retail banking operations and has a significant presence in urban and rural areas across India. Recent major developments for the bank include its continued expansion of digital banking services, which further strengthen its position in the competitive financial sector.
Revenue
In Q1FY26, Kotak Mahindra Bank Ltd reported a total income of ₹26703.92 crores. This represents a decrease of 4.3% compared to the previous quarter (Q4FY25) where the total income was ₹27907.33 crores. However, on a year-over-year basis, the total income has increased by 6.5% from ₹25075.87 crores in Q1FY25. This YoY increase indicates growth in the company's revenue streams, despite the QoQ decline.
Profitability
Kotak Mahindra Bank Ltd's profitability metrics show varied trends. The Profit Before Tax (PBT) for Q1FY26 was ₹6053.40 crores, a decline of 10.7% from ₹6775.02 crores in Q4FY25 and a significant decrease of 38.3% from ₹9810.99 crores in Q1FY25. The Profit After Tax (PAT) stood at ₹4472.18 crores in Q1FY26, showing a decrease of 16.2% from the previous quarter and a 40.0% decrease compared to the same quarter last year. Earnings Per Share (EPS) for Q1FY26 was ₹22.50, reflecting a decline of 15.4% QoQ and 40.0% YoY.
Operating Metrics
The total expenses for Q1FY26 were ₹19329.35 crores, which is a reduction of 6.6% from ₹20690.26 crores in Q4FY25, but an increase of 5.7% from ₹18293.84 crores in Q1FY25. Provisions and contingencies saw a notable rise, increasing by 198.9% QoQ from ₹442.05 crores in Q4FY25 to ₹1321.17 crores in Q1FY26. Year-over-year, this figure increased by 70.6% from ₹774.44 crores in Q1FY25. The tax expense for Q1FY26 was ₹1624.27 crores, which increased by 6.0% QoQ but decreased by 32.6% YoY. These figures reflect the adjustments in the bank's operational and financial management strategies over the quarters.