Kotak Mahindra Bank Q1 FY27 Results: PAT Rises 26% YoY, NII Grows 9%
Kotak Mahindra Bank reported a strong Q1 FY27 with PAT rising 26% YoY and NII growing 9%. Gross NPA improved to 1.18%, while CASA ratio and NIM declined during the quarter.
Kotak Mahindra Bank Q1 2027 Results: Kotak Mahindra Bank reported a healthy Q1 FY27 performance, with PAT rising 26% YoY to ₹4,123 crore and NII growing 9% YoY to ₹7,928 crore. Asset quality improved further, while operating profitability strengthened. However, CASA ratio and net interest margin moderated during the quarter.
Kotak Mahindra Bank Q1 Results 2027: On 17 July, Kotak Mahindra Bank reported a healthy performance for the first quarter of FY27. Net Interest Income (NII) increased 9.22% year-on-year to ₹7,928 crore, while Profit After Tax (PAT) rose 25.64% YoY to ₹4,122.96 crore. Here's a detailed breakdown of Kotak Mahindra Bank's Q1 FY27 results.
Kotak Mahindra Bank Q1 FY2027 Results Highlights ( STANDALONE )
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Total Income stood at ₹17,815.69 crore in Q1 FY27, registering a 5.32% YoY increase from ₹16,916.52 crore in Q1 FY26. On a sequential basis, total income increased 3.03% from ₹17,291.10 crore reported in Q4 FY26.
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Net Interest Income (NII) increased to ₹7,928 crore, up 9.22% YoY from ₹7,259 crore. Compared with ₹7,876 crore in Q4 FY26, NII grew 0.66% QoQ.
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Pre-Provision Operating Profit (PPOP) stood at ₹6,131.35 crore, registering 10.20% YoY growth from ₹5,563.69 crore. Sequentially, PPOP increased 4.72% from ₹5,855.17 crore.
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Operating Profit Margin improved to 34.41%, compared with 32.89% in Q1 FY26 and 33.86% in Q4 FY26, expanding 152 basis points YoY and 55 basis points QoQ.
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Profit After Tax (PAT) stood at ₹4,122.96 crore, up 25.64% YoY from ₹3,281.68 crore. Compared with ₹4,026.55 crore reported in Q4 FY26, PAT increased 2.39% QoQ.
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Net Interest Margin (NIM) moderated to 4.53%, compared with 4.65% in Q1 FY26 and 4.67% in Q4 FY26.
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Earnings Per Share (EPS) increased to ₹4.15 from ₹3.30 in Q1 FY26, registering 25.76% YoY growth. Compared with ₹4.05 in Q4 FY26, EPS increased 2.47% QoQ.
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Total Income (₹ Cr) |
17,815.69 |
17,291.10 |
3.03% |
16,916.52 |
5.32% |
|
Net Interest Income (₹ Cr) |
7,928 |
7,876 |
0.66% |
7,259 |
9.22% |
|
Operating Profit (PPOP) (₹ Cr) |
6,131.35 |
5,855.17 |
4.72% |
5,563.69 |
10.20% |
|
Operating Profit Margin |
34.41% |
33.86% |
+55 bps |
32.89% |
+152 bps |
|
Profit After Tax (₹ Cr) |
4,122.96 |
4,026.55 |
2.39% |
3,281.68 |
25.64% |
|
Gross NPA (%) |
1.18% |
1.20% |
-2 bps |
1.48% |
-30 bps |
|
Net NPA (%) |
0.27% |
0.25% |
+2 bps |
0.34% |
-7 bps |
|
CASA Ratio (%) |
40.30% |
43.30% |
-300 bps |
40.90% |
-60 bps |
|
ROA (%) |
0.53% |
0.53% |
Flat |
0.48% |
+5 bps |
|
ROE (%) |
11.98% |
12.27% |
-29 bps |
10.94% |
+104 bps |
|
NIM (%) |
4.53% |
4.67% |
-14 bps |
4.65% |
-12 bps |
|
EPS (₹) |
4.15 |
4.05 |
2.47% |
3.30 |
25.76% |
Source: Kotak Mahindra Bank Q1 FY27 Investor Presentation and Consolidated Financial Results.
Kotak Mahindra Bank Q1 FY27 Segment-wise Revenue (STANDALONE )
Retail Banking remained the bank's largest business segment during the quarter despite a slight decline in revenue. Corporate/Wholesale Banking recorded healthy double-digit year-on-year growth.
While Treasury, BMU and Corporate Centre posted strong sequential growth. Digital Banking continued to expand at a healthy pace on a yearly basis.
|
Particulars (₹ Cr) |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Corporate/Wholesale Banking |
7,016.63 |
6,984.89 |
0.45% |
6,267.06 |
11.96% |
|
Retail Banking |
8,341.25 |
8,550.23 |
-2.44% |
8,650.55 |
-3.58% |
|
Treasury, BMU & Corporate Centre |
3,645.39 |
2,948.09 |
23.65% |
3,721.93 |
-2.06% |
|
Gross Segment Revenue |
19,003.27 |
18,483.21 |
2.81% |
18,639.54 |
1.95% |
|
Less: Inter-segment Revenue |
1,187.58 |
1,192.11 |
-0.38% |
1,723.02 |
-31.08% |
|
Total Income |
17,815.69 |
17,291.10 |
3.03% |
16,916.52 |
5.32% |
Source: Kotak Mahindra Bank Q1 FY27 Segment Information.
Kotak Mahindra Bank Share Price Today
Kotak Bank share price closed at 389.95, 3.39% higher on 17 July 2026. The stock is still down 11.92% year-to-date and 10.01% over the last one year.