Kotak Mahindra Bank Limited has informed the Exchange regarding a press release dated May 03, 2025, titled "Press release on Annual Financial Results is attached".
KOTAKBANK · price
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Awaiting price reaction for this filing.
Kotak Mahindra Bank reported its FY25 audited results, with consolidated PAT rising 21% YoY to ₹22,126 crore and standalone PAT up 19% YoY to ₹16,450 crore. However, these numbers include a one-time gain of ₹3,013 crore (consolidated) / ₹2,730 crore (standalone) from the divestment of KGI. Excluding this exceptional gain, consolidated PAT grew a modest 5% YoY and standalone PAT was nearly flat in growth terms. Net Interest Income grew 9% YoY to ₹28,342 crore with NIM at 4.96%, while customer assets rose 12-13% YoY. Asset quality remained stable with GNPA at 1.42% and NNPA at 0.31%, and the bank maintained a strong Capital Adequacy Ratio of 22.2% (standalone). The Board recommended a dividend of ₹2.50 per share (face value ₹5).
Headline profit growth looks strong but is largely driven by a one-time KGI divestment gain; underlying core profit growth is much more modest, and Q4FY25 PAT was lower than Q4FY24, which may temper investor enthusiasm. Healthy capital ratios, stable asset quality, and the dividend declaration are positives for shareholders.