Kotak Mahindra Bank Q4 results: Standalone profit drops 14% to Rs 3,552 crore
Kotak Mahindra Bank Q4 results: Standalone profit drops 14% to Rs 3,552 crore
Kotak Mahindra Bank reported a 14% drop in standalone net profit for Q4 FY25, totaling Rs 3,552 crore. However, FY25 saw a 19% surge to Rs 16,450 crore, boosted by a one-time gain from Kotak General Insurance divestment. The bank's net interest income and customer assets also experienced growth, while the Board recommended a dividend of Rs 2.50 per share.
Kotak Mahindra Bank reported a 14% drop in standalone net profit for Q4 FY25, totaling Rs 3,552 crore. However, FY25 saw a 19% surge to Rs 16,450 crore, boosted by a one-time gain from Kotak General Insurance divestment. The bank's net interest income and customer assets also experienced growth, while the Board recommended a dividend of Rs 2.50 per share.