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Kotak Mahindra Bank’s June-End Quarter Profit Rises To ₹ 1,642 Crore

Kotak Mahindra Bank on Monday recorded a jump of 32 per cent in its net profit for the first quarter of 2021-22 as it stood at Rs1,642 crore.

By Rajesh Mishra 
Updated Date

Kotak Mahindra Bank on Monday recorded a jump of 32 per cent in its net profit for the first quarter of 2021-22 as it stood at Rs 1,642 crore from ₹ 1,244 crore during the corresponding period of last year.

The private lender’s net interest income also went up 6 per cent to ₹ 3,942 crore in June-end quarter of the current fiscal from ₹ 3,724 crore in the corresponding period of the previous fiscal.

Its operating profit for the first quarter of 2021-22 was Rs 3,121 crore, up from ₹ 2,624 crore.

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