Kotak Mahindra Bank Reports Q1FY27 Results: Standalone PAT Hits ₹4,123 Crore; Consolidated PAT Reaches ₹5,480 Crore

Kotak Mahindra Bank Reports Q1FY27 Results: Standalone PAT Hits ₹4,123 Crore; Consolidated PAT Reaches ₹5,480 Crore​

Mumbai, July 18, 2026 — The Board of Directors of Kotak Mahindra Bank approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

The Bank reported a significant rise in its standalone Profit After Tax (PAT) for Q1FY27, reaching ₹4,123 crore, marking a 26% increase year-on-year (YoY). The consolidated PAT also saw strong growth, standing at ₹5,480 crore, or 23% YoY.

Standalone Performance Highlights​

Kotak Mahindra Bank's Net Interest Income (NII) for Q1FY27 increased to ₹7,928 crore, up 9% YoY from ₹7,259 crore in Q1FY26 and a 1% increase QoQ from ₹7,876 crore in Q4FY26.

The Bank's Net Interest Margin (NIM) stood at 4.53%, down marginally from 4.65% in Q1FY26 and 4.67% in Q4FY26. Operating expenses for Q1FY27 were ₹5,135 crore, an 8% increase YoY from ₹4,775 crore in Q1FY26, though this was flat QoQ compared to Q4FY26.

Provisions for Q1FY27 decreased substantially to ₹668 crore, a 45% reduction YoY from ₹1,208 crore in Q1FY26. Credit cost (annualised) stood at 0.46%, down from 0.93% in Q1FY26 and 0.39% in Q4FY26.

Key metrics as of June 30, 2026:

• Net Advances: Increased by 15% YoY to ₹512,249 crore, up from ₹444,823 crore as at the same date in Q1FY26.
• Customer Assets: Grew to ₹570,901 crore, up 16% YoY from ₹492,972 crore as at June 30, 2025.

Deposit figures show healthy growth:

• Total period-end Deposits reached ₹572,820 crore for Q1FY27, a 12% increase YoY from ₹512,838 crore in Q1FY26.
• Average Total Deposits stood at ₹558,891 crore, up 14% YoY from ₹491,998 crore for Q1FY26.
• CASA ratio was reported at 40.3% as of June 30, 2026 (up from 40.9% in Q1FY25).

The Bank's asset quality remained stable. Gross Non-Performing Assets (GNPA) stood at 1.18%, down from 1.48% in Q1FY25, while Net NPA was 0.27%. The Provision Coverage Ratio stood at 78% as of June 30, 2026.

Standalone profitability metrics were:

• Return on Assets (ROA) (annualised): 2.14%.
• Return on Equity (ROE) (annualised): 11.98%.
• Capital Adequacy Ratio (Basel III): 22.8%.
• CET1 ratio: 22.4%.

Consolidated Results and Key Subsidiary Performance​

Consolidated PAT for Q1FY27 reached ₹5,480 crore, compared to ₹4,472 crore in Q1FY26, representing a 23% increase YoY. The consolidated results also saw an increase of 1% QoQ excluding gains from the Infina divestment.

Consolidated Customer Assets grew to ₹645,812 crore as at June 30, 2026, up 16% YoY from ₹557,369 crore in Q1FY25. Consolidated Customer Assets Under Management stood at ₹805,531 crore as of the quarter end, reflecting an 8% rise YoY.

The consolidated profitability metrics for Q1FY27 included:

• Consolidated ROA (annualized): 2.18%.
• Consolidated ROE (annualized): 11.90%.
• Consolidated Capital Adequacy Ratio (Basel III): 22.9%.
• CET I ratio: 22.6%.

Consolidated Average Liquidity Coverage Ratio stood at 144% for Q1FY27.

The performance of the Bank and its subsidiaries in Q1FY27 is detailed below, showing PAT figures in ₹ crore:


The financial statements of Indian subsidiaries and associates are prepared as per Indian Accounting Standards, while those outside India follow generally accepted accounting principles in their respective countries.

KOTAKBANK Stock Price Movement​

Kotak Mahindra Bank Limited gained ground on Friday, with shares climbing 3.77% to settle at ₹389.95. The stock maintained strong trading interest throughout the session, managing a wide intraday range between a low of ₹375.7 and a high of ₹391.8.