Kotak Mahindra Bank shares fell over 4% as net interest margins declined and asset quality worsened. Brokerages cut earnings estimates and target prices, citing rising NPAs and slower growth.

Kotak Mahindra Bank's second quarter faced several challenges, including the Reserve Bank India's embargo and a weak macroeconomic environment.

The bank logged a profit of Rs 3,344 crore in the July-September quarter in the 2024-25 fiscal year (FY25), against Rs 3,191 crore clocked in the same period a year earlier

Kotak Securities reported a PAT of ₹324 crore in Q2, down from ₹400 crore YoY. Its overall market share also dipped slightly to 11.6% from 12.2%. Meanwhile, Kotak Mahindra AMC saw its PAT rise to ₹197 crore sequentially, while its assets under management (AUM) jumped by a substantial 37% YoY to reach ₹6,80,838 crore.

From established names like HDFC Bank and Tech Mahindra to emerging players like Achyut Healthcare and Nutraplus India, investors will have a plethora of financial statements to analyze.

India's Kotak Mahindra Bank on Saturday reported a lower-than-expected 5% increase in July-September profit on higher loan provisions while lending margins shrank. The private lender's standalone net profit,

Kotak Mahindra Bank's Q2 earnings result was muted, leading to weak performance. According to Devang Gheewalla of Kotak Bank Ltd, the acquisition of Standard Chartered will help aid net interest margins (NIMs).

Kotak Mahindra Bank on Tuesday posted a marginal 5 per cent increase in its standalone profit to Rs 3,344 crore in the second quarter ended in September 2024. The private sector lender had recorded a net profit of Rs 3,

The standalone profit of Kotak Mahindra Bank for the quarter ended September 2024 has risen by 5 per cent to Rs 3,344 crore from Rs 3,191 crore in the corresponding period of last year. The total income of the bank has also been higher,