Kotak Mahindra Bank Q1 Results: Profit rises 26% YoY to Rs 2,071 cr, NII up 19%; asset quality stable – The Economic Times Video

Kotak Mahindra Financial institution on Saturday reported a 26 per cent year-on-year (YoY) rise in revenue after tax (PAT) at Rs 2,071 crore in contrast with Rs 1,642 crore in the identical quarter final yr. The financial institution mentioned its internet curiosity earnings (NII) rose 19 per cent YoY to Rs 4,697 crore in contrast with Rs 3,942 crore in the identical quarter final yr. Internet Curiosity Margin (NIM) for the quarter got here in at 4.92 per cent.