Kotak Bank , one of India's leading private sector banks, has announced its financial results for the second quarter of fiscal year 2026, showcasing a mixed performance amid challenging market conditions.

Key Financial Highlights

• Consolidated net profit for Q2 FY26 stood at ₹4,468.27 crore, down from ₹5,044.05 crore in the same quarter last year.
• Total consolidated income for the quarter decreased to ₹24,901.39 crore from ₹26,880.02 crore year-on-year.
• Net Interest Income (NII) increased to ₹7,311.00 crore, up 4% from ₹7,020.00 crore in Q2 FY25.
• Gross Non-Performing Assets (NPA) ratio improved to 1.39% from 1.49% in the previous year.
• Net NPA ratio also showed improvement, standing at 0.32% compared to 0.43% in Q2 FY25.
• Fresh slippages reported at ₹1,629.00 crore in Q2, down from ₹1,812.00 crore in the previous quarter, indicating a quarter-on-quarter decrease.

Segment Performance

The bank's performance across various segments showed mixed results:

Balance Sheet Strength

Kotak Mahindra Bank maintained a robust balance sheet:

• Capital Adequacy Ratio stood at 22.8% under Basel III norms, well above regulatory requirements.
• Average Liquidity Coverage Ratio was strong at 132% for Q2 FY26.
• The bank's consolidated networth reached ₹167,935.00 crore as of September 30, 2025.

Asset Quality

The bank's focus on maintaining asset quality is evident from the improved NPA ratios and reduced fresh slippages. The growth in Net Interest Income despite challenging conditions suggests effective management of the bank's core operations.

Segment Analysis

• The Asset Management segment showed strong growth with a 22.88% increase in revenue year-on-year.
• Corporate / Wholesale Banking segment revenue grew by 7.51%, indicating robust performance in this area.
• The Insurance segment faced significant headwinds, with revenue declining by 31.04% compared to the same quarter last year.
• Retail Banking, which contributes the largest share of revenue, maintained slight growth at 0.80% year-on-year.

Conclusion

Despite the year-on-year decline in consolidated net profit, Kotak Mahindra Bank's improved asset quality, reduced fresh slippages, and strong capital position indicate resilience. The bank's diversified business model, with strong performance in asset management and corporate banking segments, may help offset challenges faced in other areas, particularly in the insurance segment.

Kotak Bank , one of India's leading private sector banks, witnessed a significant block trade on the National Stock Exchange (NSE). The transaction involved approximately 259,753 shares changing hands at a price of Rs. 2,169.60 per share, amounting to a total value of Rs. 56.36 crores.

Transaction Details

This block deal represents a substantial transaction in the bank's shares, potentially indicating interest from institutional investors or large stakeholders.

Upcoming Earnings Call

In related news, Kotak Mahindra Bank has announced an upcoming earnings conference call scheduled for October 25, 2025. The call will discuss the bank's consolidated and standalone unaudited financial results for the quarter and half-year ending September 30, 2025.

Key details of the earnings call:

• Date: Saturday, October 25, 2025
• Time: 5:00 p.m. (IST)
• Purpose: To discuss Q2 and H1 FY2026 financial results

Investors and analysts interested in participating can access the call through the provided universal dial-in numbers or pre-register via the Diamond Pass Registration link.

The bank has stated that the investor presentation, audio recording, and transcript of the earnings conference call will be made available on their official website following the event, in compliance with SEBI Listing Regulations.

As Kotak Mahindra Bank continues to be a significant player in the Indian banking sector, both the block deal and the upcoming earnings call are likely to be of interest to investors and market watchers alike.