Kotak Mahindra Bank Q4 results: Net profit falls 14%; dividend declared
Published on 03/05/2025 02:34 PM
Kotak Mahindra Bank Q4 results: Net profit falls 14%; dividend declaredThe lender’s net interest margin (NIM) stood at 4.96% for FY25 and 4.97% for Q4FY25.By Anshul May 3, 2025, 2:34:33 PM IST (Published)2 Min ReadKotak Mahindra Bank reported a 14% year-on-year drop in net profit at ₹3,551.7 crore for Q4FY25, missing the CNBC-TV18 estimate of ₹3,746.4 crore.
Net interest income (NII) rose 4.5% YoY to ₹7,283.6 crore, below the poll estimate of ₹7,434.1 crore.
Total income grew 6.8% YoY to ₹3,182.5 crore, while total expenditure surged 14.4% YoY to ₹11,240 crore.
The lender’s net interest margin (NIM) stood at 4.96% for FY25 and 4.97% for Q4FY25.
Average total deposits jumped 15% YoY to ₹4,68,486 crore in Q4FY25.
For the full year, deposits grew 16% YoY.
On the asset quality front, gross NPA (GNPA) stood at 1.42%, and net NPA (NNPA) at 0.31%, compared to 1.39% GNPA and 0.34% NNPA a year ago. The provision coverage ratio was strong at 78%.
CASA ratio as of March 31, 2025, was 43%; the credit-to-deposit ratio was 85.5%. The capital adequacy ratio stood at 22.2%.
The board announced a dividend of ₹2.50 per share.
On Friday, Kotak Mahindra Bank shares closed 0.95% lower at ₹2,185 on the BSE.
In a separate development, Kotak Mahindra Bank has recently reduced the interest rate on savings accounts by 25 basis points (bps) for certain balance slabs.
Account holders with balances between ₹5 lakh and ₹50 lakh now earn 4.75% per annum, down from 5%.
The bank continues to offer differential interest rates based on the account balance.
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