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Kotak Mahindra Bank Q2 Results FY24-25 Highlights, PAT at ₹5,044 Crore

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Kotak Mahindra Bank has announced its Q2 results for FY24-25, showcasing robust growth across several key financial metrics. The consolidated Profit After Tax (PAT) for Q2FY25 stands at ₹5,044 crore, reflecting a 13% year-on-year (YoY) increase from ₹4,461 crore in Q2FY24. This impressive performance highlights the bank’s strong financial position amidst a challenging economic landscape.

Key Highlights/Quick Insights

  • Net Profit Growth: The consolidated net profit rose to ₹5,044 crore for Q2FY25.
  • Total Income: The consolidated total income for Q2FY25 stood at ₹26,880.02 crore.
  • Customer Assets: Grew by 19% YoY to ₹510,598 crore.

Total AUM: Asset Under Management (AUM) increased by 37% YoY to ₹6,80,838 crore.

KOTAK MAHINDRA BANK LTD

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Updated - 14 November 2024
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Quarterly - Kotak Mahindra Bank Q2 Results FY24-25

Financial Metric

Q2FY25

Q2FY24

YoY Growth

Consolidated PAT (₹ crore)

5,044

4,461

13%

Total AUM (₹ crore)

680,838

498,342

37%

Customer Assets (₹ crore)

510,598

428,404

19%

Capital Adequacy Ratio (%)

22.6%

N/A

N/A

Return on Assets (ROA) (%)

2.53%

2.68%

N/A

Return on Equity (ROE) (%)

13.88%

14.99%

N/A

Segment Highlights

The bank’s strong performance is driven by its diverse business segments:

  • Corporate/Wholesale Banking: This segment contributed ₹6,232 crore to the total income for Q2FY25, up from ₹5,625 crore in Q2FY24. The segment profit before tax stood at ₹1,965 crore.
  • Retail Banking: Contributing significantly, this segment’s revenue grew to ₹8,278 crore in Q2FY25, compared to ₹6,668 crore in the previous year’s quarter. Retail banking, driven by both digital and traditional services, recorded a segment profit of ₹1,397 crore.
    • Digital Banking: This sub-segment posted a income of ₹520 crore for Q2FY25, compared to ₹373 crore in Q2FY24.
    • Other Retail Banking: This segment generated ₹7,758 crore in income in Q2FY25, a significant increase from ₹6,295 crore in Q2FY24.
  • Treasury, BMU, and Corporate Centre: This segment generated income of ₹2,936 crore in Q2FY25, reflecting growth from ₹2,449 crore in Q2FY24. The segment reported a profit before tax of ₹1,076 crore for the quarter.

Sector Expectations for Kotak Mahindra Bank Q2 Results FY24-25

Kotak Mahindra Bank’s consolidated results for Q2FY25 were in line with general sector trends. With customer assets growing by 19% YoY and a capital adequacy ratio of 22.6%, the bank continues to maintain a strong position. While the overall performance shows steady growth, it is important to compare it against broader sector movements for a comprehensive view.

Check out Kotak Mahindra Bank’s past performances in previous quarters and financial years.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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