Kotak Mahindra Q3 Net up 21% at Rs 716.61 crore

Subscribe to GoodReturns

Mumbai, Jan 20 (PTI) Private sector lender Kotak Mahindra Bank today reported a 21.20 per cent increase in its consolidated net profit at Rs 716.61 crore for the third quarter ended December 2014.

The company reported a net profit of Rs 591.25 crore in the corresponding period a year ago.

Kotak Mahindra Q3 Net up 21% at Rs 716.61 crore
Kotak Mahindra Bank: Quotes, News
BSE 808.85BSE Quote13.25 (1.64%)
NSE 810.95NSE Quote15.1 (1.86%)

Total income increased by 20.31 per cent to Rs 5,323.46 crore in the quarter under review from Rs 4,424.5 crore in the same period last year, Kotak Mahindra said in a filing to the the BSE.

Net interest income for the third quarter was up 16.10 per cent to Rs 1,060 crore from Rs 913 crore a year earlier.

Kotak Mahindra shares were trading at Rs 1,393 apiece, up 0.29 per cent from the previous close on the BSE.

PTI

Read more about: kotak mahindra, q3
Story first published: Tuesday, January 20, 2015, 12:50 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'