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Kotak Mahindra Bank Q2 profit at Rs.34.79 Crores



Posted On : 2006-10-19 04:34:30( TIMEZONE : IST )

Kotak Mahindra Bank Q2 profit at Rs.34.79 Crores

Kotak Mahindra Bank Ltd has announced the following Unaudited results for the quarter ended September 30, 2006:

The Bank has posted a net profit after tax of Rs 347.995 million for the quarter ended September 30, 2006 as compared to Rs 311.752 million for the quarter ended September 30, 2005. Total Income has increased from Rs 2358.523 million for the quarter ended September 30, 2005 to Rs 3576.392 million for the quarter ended September 30, 2006.

The Consolidated results are as follows:

The group has posted a profit after tax attributable to the group of Rs 939.010 million for the quarter ended September 30, 2006 as compared to Rs 833.613 million for the quarter ended September 30, 2005. Total Income has increased from Rs 6198.994 million for the quarter ended September 30, 2005 to Rs 9034.974 million for the quarter ended September 30, 2006.

Source : Equity Bulls

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