A copy of the said Financial Results, along with the Auditors' Report(s) thereon, issued by the Joint Statutory Auditors of the Bank, is enclosed herewith. The said Auditors'' Report(s) ....
KOTAKBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kotak Mahindra Bank reported consolidated total income of Rs 1,07,564 crore for FY26, up 4.4% from Rs 1,03,076 crore in FY25. However, net profit after tax declined 12.8% to Rs 19,288 crore from Rs 22,126 crore in the previous year, impacted by reduced other income and higher operating expenses. The bank recognised an exceptional gain of Rs 368 crore from divestment of part stake in associate Infina Finance. Total assets grew to Rs 10,03,353 crore from Rs 8,79,774 crore. Joint statutory auditors (Deloitte Haskins & Sells and M M Nissim & Co LLP) issued an unmodified (clean) opinion on both standalone and consolidated results. The board proposed dividend of Rs 0.65 per share (face value Rs 1) compared to Rs 2.50 per share (face value Rs 5) last year, reflecting share split effective January 2026.
The decline in profitability despite higher revenue and asset growth signals margin pressure. The clean audit opinion is positive, but the lower PAT and reduced dividend may create near-term pressure on the stock price. The exceptional gain from Infina divestment provides some support.