Kotak Mahindra Bank on Friday reported a 13 per cent year-on-year rise in standalone net profit for the fourth quarter of FY26 at ₹4,027 crore, driven by steady growth in advances, deposits and fee income. The bank’s profit after tax (PAT) rose from ₹3,552 crore in the corresponding quarter of FY25 and was also up 17 per cent sequentially from ₹3,446 crore in Q3FY26. For the full financial year FY26, standalone PAT stood at ₹14,008 crore.
Net Interest Income (NII) for Q4FY26 increased 8 per cent year-on-year to ₹7,876 crore, while operating profit rose 7 per cent to ₹5,855 crore. The bank reported a decline in provisions to ₹516 crore during the quarter, down 43 per cent from a year ago, reflecting improvement in asset quality. Net advances grew 16 per cent year-on-year to ₹4.96 lakh crore as of March 31, 2026, while total deposits increased 15 per cent to ₹5.72 lakh crore. The bank’s gross non-performing assets (GNPA) improved to 1.20 per cent from 1.42 per cent a year earlier.
On a consolidated basis, the group reported PAT of ₹5,423 crore for Q4FY26, up 10 per cent year-on-year, while consolidated PAT for FY26 stood at ₹19,288 crore. The bank’s board also recommended a dividend of ₹0.65 per equity share for FY26, subject to shareholder approval.