INTEGRATED FILING — BANKING



General information about company

Scrip code 500247
NSE Symbol KOTAKBANK
MSEI Symbol NOTLISTED
ISIN INE237A01036
Name of bank KOTAK MAHINDRA BANK LIMITED
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 24-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 24-10-2026   10:30:00
End date and time of board meeting 24-10-2026   13:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion


Financial Results - Banking

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Interest earned
Interest or discount on advances or bills 14,17,625.00 27,39,853.00
Income on investments 4,62,375.00 8,89,417.00
Interest on balances with reserve bank of India and other inter bank funds 78,406.00 1,44,323.00
Others 27,181.00 47,451.00
Total interest earned 19,85,587.00 38,21,044.00
2 Other income 9,57,101.00 21,28,504.00
3 Total income 29,42,688.00 59,49,548.00
Expenses
4 Interest expenses 8,68,060.00 16,38,314.00
5 Operating expenses
(i) Employees cost 3,36,884.00 6,66,933.00
(ii) Details of other operating expenses
Description of other operating expenses
1 Policy holders’ reserves, surrender expense and claims (insurance business) (Refer Note 7) 4,82,375.00 11,68,683.00
2 Other operating expenses 4,20,296.00 8,13,176.00
3 0 0.00 0.00
4 0 0.00 0.00
5 0 0.00 0.00
6 0 0.00 0.00
7 0 0.00 0.00
8 0 0.00 0.00
9 0 0.00 0.00
10 0 0.00 0.00
Total other operating Expenses 9,02,671.00 19,81,859.00
Total Operating Expenses 12,39,555.00 26,48,792.00
6 Total expenditure excluding provisions and contingencies 21,07,615.00 42,87,106.00
7 Operating profit before provision and contingencies 8,35,073.00 16,62,442.00
8 Provisions other than tax and contingencies 82,043.00 1,58,526.00
9 Exceptional items 0.00 0.00
10 Total profit (loss) from ordinary activities before tax 7,53,030.00 15,03,916.00
11 Provision for Tax 1,89,623.00 3,91,803.00
12 Net profit (loss) from ordinary activities after tax 5,63,407.00 11,12,113.00
13 Extraordinary items net of tax expenses 0.00 0.00
14 Net profit (loss) for the period 5,63,407.00 11,12,113.00
15 Share of profit (loss) of associates 1,131.00 471.00
16 Profit (loss) of minority interest 0.00 0.00
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 5,64,538.00 11,12,584.00
18 Details of equity share capital [Abstract]
Paid-up equity share capital 99,479.00 99,479.00
Face value of equity share capital 1 1
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year)
20 Analytical ratios
(i) Percentage of share held by government of India 0 0
(ii) Capital adequacy ratio
CET 1 ratio 22.0600 22.0600
Additional Tier 1 ratio 0 0
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 5.68 11.19
Diluted earnings per share before extraordinary items 5.67 11.18
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 5.68 11.19
Diluted earnings per share after extraordinary items 5.67 11.18
(iv) NPA Ratios
Amount of gross non-performing assets 7,09,643.00 7,09,643.00
Amount of net non-performing assets 1,81,862.00 1,81,862.00
% of gross NPAs 1.0900 1.0900
% of net NPAs 0.2800 0.2800
Return on assets 2.100 2.1200
21 Disclosure of notes on financial results by banks


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
1 Capital and liabilities
Capital 99,479.00
Reserves and surplus 1,93,71,091.00
Deposits 6,47,45,943.00
Borrowings 1,23,11,951.00
Other liabilities and provisions
1 Employees' Stock Options (Grants) Outstanding 13,925.00
2 Policyholder's Funds 1,03,92,760.00
3 Other Liabilities and Provisions 55,05,066.00
4 - 0.00
5 - 0.00
Total of Other liabilities and provisions 1,59,11,751.00
Total Capital Liabilities 11,24,40,215.00
2 ASSETS
Cash and Balances with Reserve Bank of India 62,95,896.00
Balances with Banks and money at call and short notice 38,04,105.00
Investments 3,35,77,626.00
Advances 6,45,57,800.00
Fixed Assets 2,85,025.00
Other Assets
1 Other Assets 38,24,987.00
2 Goodwill on consolidation 94,776.00
3 - 0.00
4 - 0.00
5 - 0.00
Total of Other Assets 39,19,763.00
Total Assets 11,24,40,215.00
Disclosure of notes on assets and liabilities


Text Block

Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury, BMU and Corporate Centre 3,82,845.00 7,48,556.00
2 Retail Banking 9,31,400.00 17,65,525.00
3 Corporate / Wholesale Banking 8,17,333.00 15,18,996.00
4 Vehicle Financing 1,12,476.00 2,33,787.00
5 Other Lending Activities 34,479.00 92,805.00
6 Broking 1,39,450.00 2,75,189.00
7 Advisory and Transactional Services 34,105.00 58,959.00
8 Asset Management 92,379.00 1,99,453.00
9 Insurance 6,36,133.00 14,67,083.00
10 - 0.00 0.00
11 - 0.00 0.00
12 - 0.00 0.00
13 - 0.00 0.00
14 - 0.00 0.00
15 - 0.00 0.00
Total Segment Revenue 31,80,600.00 63,60,353.00
Less: Inter segment revenue 2,37,912.00 4,10,805.00
Income from operations 29,42,688.00 59,49,548.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury, BMU and Corporate Centre 1,34,548.00 3,16,639.00
2 Retail Banking 1,98,705.00 3,41,702.00
3 Corporate / Wholesale Banking 2,43,064.00 4,52,315.00
4 Vehicle Financing 18,954.00 49,681.00
5 Other Lending Activities 17,078.00 34,472.00
6 Broking 40,832.00 82,037.00
7 Advisory and Transactional Services 12,901.00 16,280.00
8 Asset Management 54,810.00 1,31,461.00
9 Insurance 32,138.00 79,329.00
10 - 0.00 0.00
11 - 0.00 0.00
12 - 0.00 0.00
13 - 0.00 0.00
14 - 0.00 0.00
15 - 0.00 0.00
Total Profit before tax 7,53,030.00 15,03,916.00
i. Finance cost 0.00 0.00
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 7,53,030.00 15,03,916.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury, BMU and Corporate Centre 2,91,57,095.00 2,91,57,095.00
2 Retail Banking 5,77,12,285.00 5,77,12,285.00
3 Corporate / Wholesale Banking 3,79,84,922.00 3,79,84,922.00
4 Vehicle Financing 39,16,717.00 39,16,717.00
5 Other Lending Activities 14,89,703.00 14,89,703.00
6 Broking 39,23,603.00 39,23,603.00
7 Advisory and Transactional Services 1,42,165.00 1,42,165.00
8 Asset Management 10,64,375.00 10,64,375.00
9 Insurance 1,14,51,131.00 1,14,51,131.00
10 - 0.00 0.00
11 - 0.00 0.00
12 - 0.00 0.00
13 - 0.00 0.00
14 - 0.00 0.00
15 - 0.00 0.00
Total Segment Assets 14,68,41,996.00 14,68,41,996.00
Un-allocable Assets (3,44,01,781.00) (3,44,01,781.00)
Net Segment Assets 11,24,40,215.00 11,24,40,215.00
4 Segment Liabilities
Segment Liabilities
1 Treasury, BMU and Corporate Centre 2,28,20,092.00 2,28,20,092.00
2 Retail Banking 5,19,68,874.00 5,19,68,874.00
3 Corporate / Wholesale Banking 3,41,41,471.00 3,41,41,471.00
4 Vehicle Financing 29,29,552.00 29,29,552.00
5 Other Lending Activities 10,30,347.00 10,30,347.00
6 Broking 34,88,871.00 34,88,871.00
7 Advisory and Transactional Services 26,994.00 26,994.00
8 Asset Management 71,489.00 71,489.00
9 Insurance 1,06,21,628.00 1,06,21,628.00
10 - 0.00 0.00
11 - 0.00 0.00
12 - 0.00 0.00
13 - 0.00 0.00
14 - 0.00 0.00
15 - 0.00 0.00
Total Segment Liabilities 12,70,99,318.00 12,70,99,318.00
Un-allocable Liabilities (1,46,59,103.00) (1,46,59,103.00)
Net Segment Liabilities 11,24,40,215.00 11,24,40,215.00
Disclosure of notes on segments




Cash Flow Statement, Indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 15,03,916.00
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 0.00
Adjustments for depreciation and amortisation expense 61,811.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 1,58,433.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for share-based payments 4,100.00
Other adjustments for which cash effects are investing or financing cash flow (3,93,434.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments to profit (loss) (1,69,090.00)
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables 0.00
Adjustments for decrease (increase) in other current assets (1,03,97,427.00)
Adjustments for increase (decrease) in trade payables 0.00
Adjustments for increase (decrease) in other current liabilities 78,65,615.00
Adjustments for provisions 0.00
Total adjustments for working capital (25,31,812.00)
Total adjustments for reconcile profit (loss) (27,00,902.00)
Net cash flows from (used in) operations (11,96,986.00)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 3,59,925.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities before extraordinary items (15,56,911.00)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) operating activities (15,56,911.00)
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 12,15,809.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of tangible assets 1,633.00
Purchase of tangible assets 55,184.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Proceeds from government grants 0.00
Net cash flows from (used in) investing activities before extraordinary items (12,69,360.00)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) investing activities (12,69,360.00)
5 Cash flows from used in financing activities
Proceeds from issuing shares 5,009.00
Proceeds from issuing other equity instruments 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 27,72,598.00
Repayments of borrowings 0.00
Dividends paid 64,658.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities before extraordinary items 27,12,949.00
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) financing activities 27,12,949.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (1,13,322.00)
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 4,212.00
Net increase (decrease) in cash and cash equivalents (1,09,110.00)
Cash and cash equivalents cash flow statement at beginning of period 1,02,09,111.00
Cash and cash equivalents cash flow statement at end of period 1,01,00,001.00


Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results No
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. Deloitte Haskins & Sells Yes 31-03-2027
2 M/s. M M Nissim & Co LLP Yes 31-03-2028