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Saturday, May 3, 2025

Kotak Mahindra Bank Q4 results: Standalone profit drops 14% to Rs 3,552 crore

Kotak Mahindra Bank reported a 14% drop in standalone net profit for Q4 FY25, totaling Rs 3,552 crore. However, FY25 saw a 19% surge to Rs 16,450 crore, boosted by a one-time gain from Kotak General Insurance divestment. The bank's net interest income and customer assets also experienced growth, while the Board recommended a dividend of Rs 2.50 per share.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8E1gYyU

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