| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 13.9K | 1.9% | 3.5% |
| Total Income | 16.7K | 3.1% | 4.3% |
| Expenditure | 11.4K | 3.6% | 4.5% |
| PBT | 4.6K | 5.8% | 4.2% |
| Net Profit | 3.4K | 5.9% | 4.3% |
| OPM | 38.69% | 0.09pp | |
| NPM | 20.58% | 0.55pp | 0.01pp |
| EPS | 3.47 | 78.8% | 79.1% |
Kotak Mahindra Bank Announces Q3FY26 Results: Consolidated PAT up 5% YoY, Standalone PAT up 4% YoY
24 Jan 2026 · 24 Jan, 2:31 pm
Summary
Kotak Mahindra Bank announced its Q3FY26 results with a consolidated PAT of ₹ 4,924 crore, up 5% YoY and 10% QoQ, and a standalone PAT of ₹ 3,446 crore, up 4% YoY and 6% QoQ. The Bank's total customer assets under management grew to ₹ 787,950 crore, up 15% YoY. The Bank's net worth was ₹ 175,251 crore, and the book value per share increased to ₹ 176, up 15% YoY.
Key Highlights
- 1
Consolidated PAT for Q3FY26 at ₹ 4,924 crore, up 5% YoY and 10% QoQ
- 2
Standalone PAT for Q3FY26 at ₹ 3,446 crore, up 4% YoY and 6% QoQ
- 3
Total customer assets under management grew to ₹ 787,950 crore, up 15% YoY
- 4
Consolidated networth was ₹ 175,251 crore
- 5
Book value per share increased to ₹ 176, up 15% YoY
- 6
Return on Assets (ROA) for Q3FY26 was 2.10%
- 7
Return on Equity (ROE) for Q3FY26 was 11.39%
- 8
Consolidated Capital Adequacy Ratio as per Basel III was 23.3%
- 9
CET1 ratio was 22.4% (including unaudited profits)
- 10
Average Liquidity Coverage Ratio stood at 135% for Q3FY26
- 11
Net advances increased 16% YoY to ₹ 480,673 crore
- 12
Total period-end deposits grew to ₹ 542,638 crore for Q3FY26, up 15% YoY
- 13
Average total deposits grew to ₹ 526,025 crore for Q3FY26, up 15% YoY
- 14
Average current deposits grew to ₹ 75,596 crore for Q3FY26, up 14% YoY
- 15
Average fixed rate savings deposits grew to ₹ 118,505 crore for Q3FY26, up 12% YoY
- 16
Average term deposits grew to ₹ 318,070 crore for Q3FY26, up 19% YoY
- 17
CASA ratio as at December 31, 2025 stood at 41.3%
- 18
Cost of funds was 4.54% for Q3FY26
- 19
Credit to deposit ratio as at December 31, 2025 stood at 88.6%
- 20
Customers as on December 31, 2025 were 5.1 crore
- 21
Net interest income for Q3FY26 increased to ₹ 7,565 crore, up 5% YoY
- 22
Fees and services for Q3FY26 increased to ₹ 2,549 crore, up 8% YoY
- 23
Operating expenses for Q3FY26 increased to ₹ 5,023 crore, up 8% YoY
- 24
Cost to income was 48.3% for Q3FY26
- 25
Operating profit for Q3FY26 increased to ₹ 5,380 crore, up 4% YoY
- 26
Provisions for Q3FY26 was ₹ 810 crore
- 27
Credit cost (annualised) for Q3FY26 stood at 0.63%
- 28
The Bank’s PAT for Q3FY26 increased to ₹ 3,446 crore, up 4% YoY
Management Comments
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