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Kotak Mahindra Bank Q3 net up 32% at Rs 362 cr

Last Updated: Tue, Jan 22, 2013 10:27 hrs
Kotak Mahindra, Yes Bank see pressure on margins easing

Private lender Kotak Mahindra Bank reported a 31% jump in net profit at Rs 362 crore for the third quarter ended December 2012. It was Rs 276 crore in the same period a year ago.

The total income also soared 25% to Rs 2,400 crore as against Rs 1,923 crore in December 2011.

On quarterly basis, the gross NPAs were at 1.46% as compared to 1.61% in previous quarter.



The bank's stocks on BSE were trading 1.6% up at Rs 639 at 1300 hours.

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  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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