Kotak Mahindra Bank declines on reporting 8% fall in Q4 consolidated net profit
Kotak Mahindra Bank is currently trading at Rs. 2071.90, down by 113.10 points or 5.18% from its previous closing of Rs. 2185.00 on the BSE.
The scrip opened at Rs. 2110.00 and has touched a high and low of Rs. 2134.70 and Rs. 2058.35 respectively. So far 107815 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2301.55 on 22-Apr-2025 and a 52 week low of Rs. 1544.15 on 03-May-2024.
Last one week high and low of the scrip stood at Rs. 2246.75 and Rs. 2058.35 respectively. The current market cap of the company is Rs. 411190.03 crore.
The promoters holding in the company stood at 25.88%, while Institutions and Non-Institutions held 61.79% and 12.33% respectively.
Kotak Mahindra Bank has reported 14.07% fall in its net profit at Rs 3,551.74 crore for the quarter under review as compared to Rs 4,133.30 crore for the same quarter in the previous year. However, total income of the bank increased by 9.33% at Rs 16,712.23 crore for Q4FY25 as compared Rs 15,285.35 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 7.58% fall in its net profit at Rs 4,932.76 crore for fourth quarter ended March 31, 2025 as compared to Rs 5,337.20 crore for the same quarter in the previous year. Total income of the bank decreased by 2.63% at Rs 27,174.42 crore for Q4FY25 as compared Rs 27,907.33 crore for the corresponding quarter previous year.
For the year ended March 31, 2025, the bank has reported 19.36% rise in its net profit at Rs 16,450.08 crore as compared to Rs 13,781.58 crore for the previous year. Total income of the bank increased by 14.74% at Rs 64,338.22 crore for year under review as compared to Rs 56,072.01 crore for year ended March 31, 2024.
For the year ended March 31, 2025, on the consolidated basis, the bank has reported 21.48% rise in its net profit at Rs 22,125.99 crore as compared to Rs 18,213.21 crore for the previous year. Total income of the bank increased by 9.34% at Rs 103,076.10 crore for year under review as compared to Rs 94,273.91 crore for year ended March 31, 2024.
