Kotak Mahindra Bank Limited reported a consolidated net profit of ₹5,480 crore for the quarter ended June 30, 2026, an increase of 23% from ₹4,472 crore in the corresponding quarter of the previous year. The strong performance was driven by a 16% year-on-year growth in customer assets to ₹570,901 crore and a 9% rise in net interest income to ₹7,928 crore. Following the results announcement, the bank made the transcript of its earnings conference call, held on July 18, 2026, available on its website.

Key Financial Metrics (Consolidated)

The following table summarises the key consolidated financial metrics for the quarter:

Business Performance

The bank's standalone net profit for Q1FY27 was ₹4,123 crore, up 26% year-on-year. The consolidated Customer Assets Under Management (AUM) reached ₹805,531 crore, growing 8% YoY. Operating profit for the quarter was ₹6,131 crore, while provisions and contingencies decreased 45% to ₹668 crore. The earnings per share (EPS) on a basic and diluted basis was ₹5.51. Return on Assets (ROA) improved to 2.18%, and Return on Equity (ROE) stood at 11.90%. The cost-to-income ratio was 45.6%.

Asset Quality and Capital

Asset quality metrics showed mixed trends on a sequential basis. Gross NPA ratio improved to 1.18% from 1.48% YoY, while Net NPA ratio rose slightly to 0.27% from 0.25% QoQ. The capital adequacy ratio under Basel III norms remained robust at 22.9%, with a CET1 ratio of 22.6%. The consolidated average liquidity coverage ratio for Q1FY27 was 144%.

Strategic Developments and Earnings Call

During the quarter, Kotak Mahindra Investments Limited ceased sanctioning new loans from April 1, 2026. Loan assets aggregating to ₹9,587 crore were assigned by the subsidiary to the bank effective July 1, 2026. Additionally, the bank executed a Business Transfer Agreement with Deutsche Bank Aktiengesellschaft on June 30, 2026, to acquire its retail banking, private banking, and wealth management business in India. The transaction, valued at approximately ₹29,000 crore in advances, is subject to regulatory approvals. The management discussed these developments during the earnings conference call held on July 18, 2026, at 3:00 p.m. (IST). The full transcript is accessible via the bank's investor relations page.

A block trade worth ₹21.59 crore was recorded on the BSE for kotak bank , involving approximately 560012 shares transacted at a price of ₹385.60 per share. Block trades are large-volume transactions executed on a stock exchange, typically involving institutional investors or significant market participants dealing in substantial quantities of shares in a single trade.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on BSE:

The transaction highlights notable activity in Kotak Bank's shares on the exchange. Block deals are closely tracked by market participants as they often reflect large-scale portfolio adjustments by institutional investors.