Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Regulatory filing for unaudited standalone and consolidated financial results under SEBI Listing Regulations.
Date of Board Meeting / Approval: July 18, 2026 (Meeting commenced at 10:30 AM IST, item on financial results concluded at 12:20 PM IST)
Audit Opinion: Clean, unmodified review report issued by joint statutory auditors Deloitte Haskins & Sells and M M NISSIM & CO LLP.
Auditor’s Comment: No qualifications or modifications. The review report states nothing has come to their attention to believe the statements contain any material misstatement.
Key Financial Highlights [₹ crore]
Standalone Results:
Revenue from Operations (Interest Earned): ₹14,477.49 crore (Q1 FY26: ₹13,836.54 crore | YoY: +4.6%)
Total Income: ₹17,815.69 crore (Q1 FY26: ₹16,916.52 crore | YoY: +5.3%)
Net Profit: ₹4,122.96 crore (Q1 FY26: ₹3,281.68 crore | YoY: +25.6%)
EPS: Basic ₹4.15, Diluted ₹4.14 (Q1 FY26: ₹3.30)
Consolidated Results:
Revenue from Operations: Not explicitly stated as a single line; Total Income is provided.
Total Income: ₹30,068.60 crore (Q1 FY26: ₹26,703.92 crore | YoY: +12.6%)
Net Profit: ₹5,480.46 crore (Q1 FY26: ₹4,472.18 crore | YoY: +22.5%)
EPS: Basic ₹5.51, Diluted ₹5.51 (Q1 FY26: ₹4.50)
Segment-wise Performance [₹ crore]:
Consolidated Segment Revenue (Q1 FY27):
- Treasury, BMU and Corporate Centre: ₹3,657.11
- Retail Banking: ₹8,341.25 (Digital Banking: ₹670.99; Other Retail Banking: ₹7,670.26)
- Corporate/Wholesale Banking: ₹7,016.63
- Vehicle Financing: ₹1,213.11
- Insurance: ₹8,309.50
- Other segments (Other Lending, Broking, Advisory, Asset Management): ₹3,260.92
Consolidated Segment Results (Profit Before Tax) (Q1 FY27):
- Treasury, BMU and Corporate Centre: ₹1,820.91
- Retail Banking: ₹1,429.97 (Digital Banking: ₹16.02; Other Retail Banking: ₹1,413.95)
- Corporate/Wholesale Banking: ₹2,092.51
- Insurance: ₹335.90
- Other segments: ₹1,828.97
Standalone Segment Revenue (Q1 FY27):
- Retail Banking: ₹8,341.25 (Digital Banking: ₹670.99; Other Retail Banking: ₹7,670.26)
- Corporate/Wholesale Banking: ₹7,016.63
- Treasury, BMU and Corporate Centre: ₹3,645.39
Standalone Segment Results (Profit Before Tax) (Q1 FY27):
- Retail Banking: ₹1,429.97 (Digital Banking: ₹16.02; Other Retail Banking: ₹1,413.95)
- Corporate/Wholesale Banking: ₹2,092.51
- Treasury, BMU and Corporate Centre: ₹1,940.74
Corporate Actions:
Dividend declarations: Not Specified
Share split: The sub-division (split) of 1 existing equity share of face value ₹5 into 5 equity shares of face value ₹1 was effective from January 14, 2026. This has been considered for EPS calculation.
During the quarter, the Bank allotted 244,203 equity shares of face value ₹1 each pursuant to the exercise of options.
Other Significant Information:
Acquisition: On June 30, 2026, the Bank executed a Business Transfer Agreement (BTA) with Deutsche Bank AG (India branch) to acquire its retail banking, private banking, and wealth management business in India on a slump sale basis. As of March 31, 2026, the undertaking had advances of ~₹29,000 cr, deposits of ~₹16,000 cr, and AUM of ~₹10,500 cr. Completion is subject to regulatory approvals. No impact on Q1 FY27 results.
Internal Restructuring: Pursuant to RBI directions, subsidiary Kotak Mahindra Investments Ltd (KMIL) ceased new loan sanctions from April 1, 2026. Effective July 1, 2026, loan assets aggregating ₹9,587 crore were assigned by KMIL to the Bank. This has no impact on the consolidated financial results.
Previous Divestment: In Q4 FY26, subsidiary Kotak Mahindra Capital Co. Ltd divested a 30.99% stake in associate Infina Finance Pvt Ltd, recognizing a pre-tax gain of ₹367.79 crore (disclosed as an exceptional item in Q4/Mar-26 results).
Project Finance Disclosure: The bank provided a detailed breakdown of its project finance portfolio under implementation, with 172 accounts and a total outstanding of ₹3,650.49 crore as of June 30, 2026.
Change in Accounting Policy: There has been no change in significant accounting policies during the quarter.