Stock Report

Kotak Mahindra Bank Ltd reports Rs. 7448.16 crores consolidated PAT in Q1FY25



Posted On : 2024-07-20 22:53:08( TIMEZONE : IST )

Kotak Mahindra Bank Ltd reports Rs. 7448.16 crores consolidated PAT in Q1FY25

Kotak Mahindra Bank Limited has reported Consolidated financial results for the period ended June 30, 2024.

Financial Results (Q1 FY2025) - QoQ Comparison

The company has reported total income of Rs. 25075.87 crores during the period ended June 30, 2024 as compared to Rs. 27907.33 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 7448.16 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 5337.20 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 37.47 for the period ended June 30, 2024 as compared to Rs. 26.65 for the period ended March 31, 2024.

Financials Q1 FY2025 Q4 FY2024 % Change
Total Income ₹ 25075.87 crs ₹27907.33 crs Up Tick / Down Tick-10.15%
Net Profit ₹7448.16 crs ₹5337.20 crs Up Tick / Down Tick39.55%
EPS ₹37.47 ₹26.65 Up Tick / Down Tick40.60%

Financial Results (Q1 FY2025) - YoY Comparison

The company has reported total income of Rs. 25075.87 crores during the period ended June 30, 2024 as compared to Rs.20723.91 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.7448.16 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.4150.19 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.37.47 for the period ended June 30, 2024 as compared to Rs.20.89 for the period ended June 30, 2023.

Financials Q1 FY2025 Q1 FY2024 % Change
Total Income ₹ 25075.87 crs ₹20723.91 crs Up Tick / Down Tick21.00%
Net Profit ₹7448.16 crs ₹4150.19 crs Up Tick / Down Tick79.47%
EPS ₹37.47 ₹20.89 Up Tick / Down Tick79.37%

Asset Quality:

Asset Quality Q1 FY2025 Q4 FY2024 Q1 FY2024
Gross NPA ₹6251.42 crs ₹6002.53 crs ₹ 6587.43 crs
Gross NPA % 1.39% 1.38% 1.75%
Net NPA ₹1688.80 crs ₹1567.08 crs ₹1579.62 crs
Net NPA % 0.38% 0.36% 0.43%


Gross NPA was at ₹ 6251.42 crs in Q1 FY2025 against ₹ 6587.43 crs in Q1 FY2024. The same was at ₹ 6002.53 crs in Q4 FY2024.

Net NPA was at ₹ 1688.80 crs in Q1 FY2025 against ₹ 1579.62 crs in Q1 FY2024. The same was at ₹ 1567.08 crs in Q4 FY2024.

GNPA was at 1.39% of Gross advances as on June 30, 2024 as compared to 1.75% as on June 30, 2023 and 1.38% as of March 31, 2024.

Net NPA was at 0.38% of Gross advances as on June 30, 2024 as compared to 0.43% as on June 30, 2023 and 0.36% as of March 31, 2024.

Ratios Q1 FY2025 Q4 FY2024 Q1 FY2024
RoA % 0.96% 0.76% 0.65%
CAR (BASEL III) % 22.41% 20.55% 21.12%


Return on Average Assets (RoA) is at 0.96% for Q1 FY2025 against 0.76% in Q4 FY2024 and 0.65% in Q1 FY2024.

In Q1 FY2025, Bank's total Capital Adequacy Ratio (CAR) was at 22.41%, as compared to 20.55% in Q4 FY2024 and 21.12% in Q1 FY2024.

Shares of Kotak Mahindra Bank Limited was last trading in BSE at Rs. 1821.75 as compared to the previous close of Rs. 1823.10. The total number of shares traded during the day was 244626 in over 12999 trades.

The stock hit an intraday high of Rs. 1830.90 and intraday low of 1806.55. The net turnover during the day was Rs. 445466405.00.

Source : Equity Bulls

Keywords

KotakMahindraBank Q1FY25 FY2025 Q1FY2025 ResultUpdate