KOTAKBANK Kotak Mahindra Bank Q2 FY27 results (Jul–Sep 2026) and concall
Profit growth was strong: Bank PAT rose 29% YoY to ₹4,212 crore and consolidated PAT rose 26% to ₹5,645 crore, helped by lower credit costs (35 bps) and better operating leverage (cost-to-assets of 2.40%). The quarter was dominated by a one-off ₹55,344 crore FCNR(B) deposit mobilisation. The proceeds funded the ₹9,600 crore KMIL loan transfer and a ₹9,800 crore IBPC paydown, and they inflated headline advances (+25% YoY) and deposits (+23% YoY). The FCNR(B) inflows cut 15 bps from NIM, which fell to 4.31%. Management expects deployment into customer assets over the next few quarters, plus repo
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What they filed
Q2 FY27: revenue up 16.8%, net profit up 29.5% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13,428 | 13,530 | 13,837 | 13,649 | 13,903 +4% | 14,175 +5% | 14,477 +5% | 15,948 +17% |
| Net profit | 3,305 | 3,552 | 3,282 | 3,253 | 3,446 +4% | 4,027 +13% | 4,123 +26% | 4,212 +29% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
