Date: July 18, 2026

Financial Results (Standalone & Consolidated)

Standalone Bank Performance Q1FY27:

  • Net Interest Income: ₹7,928 crore, up 9% YoY and 1% QoQ
  • Other Income: ₹3,338 crore, up 8% YoY and 7% QoQ
  • Fee and Services: ₹2,500 crore, up 11% YoY (including Distribution: ₹351 cr, General Banking Fees: ₹2,027 cr, Others: ₹122 cr)
  • Trading and MTM income: (₹58) crore vs ₹195 crore in Q1FY26
  • Operating Expenditure: ₹5,135 crore, up 8% YoY
  • Operating Profit: ₹6,131 crore, up 10% YoY and 5% QoQ
  • Provision & Contingencies: ₹668 crore, down 45% YoY (Prov. on Adv/Receivables net: ₹677 cr, Prov. on AIF/other Investments: (₹9) cr)
  • Profit Before Tax: ₹5,463 crore, up 25% YoY and 2% QoQ
  • Profit After Tax: ₹4,123 crore, up 26% YoY and 2% QoQ
  • Return on Equity: 11.98% vs 10.94% in Q1FY26
  • Return on Assets: 2.14% vs 1.94% in Q1FY26

Consolidated Group Performance Q1FY27:

  • Consolidated PAT: ₹5,480 crore, up 23% YoY
  • Bank & Other Lending Related Entities: ₹4,631 crore PAT
  • Kotak Securities: ₹533 crore PAT
  • Capital Market: ₹622 crore PAT
  • Kotak Mahindra Life Insurance: ₹336 crore PAT
  • Kotak AMC and TC: ₹399 crore PAT
  • Asset Management: ₹554 crore PAT

Balance Sheet Highlights (Standalone) as of June 30, 2026:

  • Capital & Reserves and Surplus: ₹140,924 crore vs ₹123,428 crore in Jun'25
  • Deposits: ₹572,820 crore vs ₹512,838 crore in Jun'25
  • CASA: ₹231,017 crore (40.3% CASA Ratio) vs ₹209,645 crore (40.9%) in Jun'25
  • Borrowings: ₹25,840 crore vs ₹21,148 crore in Jun'25
  • Net Advances: ₹512,249 crore vs ₹444,823 crore in Jun'25
  • CD Ratio: 89.4% vs 86.7% in Jun'25
  • CET-I Ratio: 22.4% vs 21.8% in Jun'25

Customer Assets Breakdown:

  • Customer Assets: ₹570,901 crore, up 16% YoY and 5% QoQ
  • Advances (A): ₹527,610 crore, up 15% YoY and 3% QoQ
  • Credit Substitutes (B): ₹43,291 crore, up 27% YoY and 38% QoQ
  • IBPC & BRDS (C): ₹15,361 crore, up 9% YoY and down 16% QoQ
  • Net Advances (A - C): ₹512,249 crore

Segment-wise Advances:

  • Retail Banking: ₹202,842 crore (12% YoY growth)
  • Home Loans & LAP: ₹150,903 crore (15% YoY)
  • PL, BL and Consumer Durables: ₹25,589 crore (5% YoY)
  • Credit Cards: ₹12,788 crore (down 1% YoY)
  • Retail Microcredit: ₹6,484 crore (10% YoY)
  • Institutional Banking: ₹259,895 crore (20% YoY growth)
  • Corporate Banking: ₹121,875 crore (15% YoY)
  • SME: ₹125,826 crore (20% YoY)
  • Independent Product Business: ₹64,873 crore (7% YoY growth)
  • CV/CE: ₹45,081 crore (5% YoY)
  • Tractor Finance: ₹19,792 crore (11% YoY)

Asset Quality Indicators:

  • NNPA: 0.27% (0.34% in Q1FY26, 0.25% in Q4FY26)
  • Slippages Ratio: 1.03% (1.63% in Q1FY26, 0.82% in Q4FY26)
  • PCR: 78% (77% in Q1FY26, 79% in Q4FY26)
  • Cost Credit: 0.46% (0.93% in Q1FY26, 0.39% in Q4FY26)
  • SMA-2 as on June 30, 2026: ₹249 crore (₹194 crore as on March 31, 2026)
  • Fresh slippages upgraded within same quarter: ₹165 crore (₹112 crore in Q4FY26)
  • Unsecured retail advances as % of Net Advances: 8.8% (8.9% in Mar'26, 9.7% in Jun'25)

Subsidiary Performance Highlights:

Kotak Mahindra Prime:

  • PAT: ₹354 crore vs ₹272 crore in Q1FY26
  • NII: ₹615 crore vs ₹568 crore in Q1FY26
  • NNPA: 1.0%
  • CAR: 23.5% (including unaudited profits)
  • ROA: 2.8%

Kotak Securities:

  • PAT: ₹533 crore vs ₹465 crore in Q1FY26
  • Total Income: ₹1,809 crore vs ₹1,446 crore in Q1FY26
  • Market Share: Cash Market 10.4%, Derivative Market 15.9%, Overall 13.8%
  • MTF Market Share: ~14% as at June 30, 2026
  • Executed 9 ECM bulk/block deals and 1 OFS amounting to USD 2.4 bn in Q1FY27

Kotak Mahindra AMC & Trustee Co.:

  • PAT: ₹399 crore vs ₹326 crore in Q1FY26
  • Investment Income (net of taxes): ₹152 crore vs ₹119 crore in Q1FY26
  • Monthly SIP Inflows for Jun'26: ₹2,155 crore, up 21% YoY
  • Equity AAUM Market share (ex ETF & Arb): 6.52% in Q1FY27

Kotak Mahindra Life Insurance:

  • PAT (Shareholders'): ₹336 crore vs ₹327 crore in Q1FY26
  • Gross Written Premium: ₹3,674 crore, up 28.4% YoY
  • Individual NB premium growth: 21.9% YoY
  • Group Premium growth: 55.3% YoY
  • Solvency Ratio: 2.20x
  • AUM: ₹110,372 crore, growth 14.3% YoY

Operational Highlights:

  • Employee cost includes hit in retiral benefits due to movement in discount rates: ~₹100 crore (Q4FY26: reversal of ~₹100 crore)
  • Network includes 2,301 Bank branches, 166 Kotak Mahindra Prime branches, 384 Kotak Life Insurance branches
  • Geographical distribution: North (32%), East (8%), West (31%), South (29%)
  • Monthly customer acquisition run rate: 298K (280K in Mar'26)
  • Kotak811 SA is 12.7% of Bank's total SA, growing at 32% YoY

ESG Initiatives:

  • 21 LEED/IGBC-certified premises housing 29% of workforce
  • Use of renewable energy at key corporate offices
  • Gender diversity target of 30% by FY 2028-29
  • ₹8,500+ crore Green asset book at the Bank
  • MSCI ESG Rating of AA with score 79.1/100