Kotak Mahindra Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on May 03, 2025.
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The Board of Kotak Mahindra Bank approved its consolidated and standalone audited financial results for FY25 on May 3, 2025. Consolidated net profit rose to Rs 22,125.99 crore from Rs 18,213.21 crore in FY24, a growth of about 21.5%, while total income grew to Rs 1,03,076.10 crore from Rs 94,273.91 crore. Net interest earned stood at Rs 65,668.83 crore, and basic EPS came in at Rs 111.29 versus Rs 91.45 last year. The results include a one-time exceptional gain of Rs 3,803.40 crore from the sale of 70% stake in Kotak Mahindra General Insurance to Zurich Insurance in June 2024. For Q4 FY25, standalone net profit was Rs 4,932.76 crore, lower than Rs 5,337.20 crore in Q4 FY24. The Board has recommended a dividend of Rs 2.50 per share (up from Rs 2.00), gross NPA was stable at 1.45% and capital adequacy ratio improved to 22.25%.
FY25 shows healthy profit growth, improved capital position, and a higher dividend for shareholders, but a meaningful portion of the profit boost comes from a one-time exceptional gain on the insurance arm sale. The dip in Q4 sequential profit and small rise in gross NPA may temper near-term sentiment, though the unmodified auditor opinion supports confidence in the numbers.