kotak mahindra result
Meanwhile, Kotak Mahindra Bank has also declared its December quarter results. During this period, the standalone net profit of the bank stood at Rs 2,791.88 crore, which is 30.99 percent higher than the previous year. The company’s profit in the same quarter last year was Rs 2,131.36 crore. The asset quality of the bank has improved due to reduction in gross NPAs. However, the bank’s provisioning increased during the quarter. The bank’s profit has increased by 8.17 percent as compared to the September quarter. The bank’s profit in the previous quarter stood at Rs 2,581 crore.
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