Kotak Mahindra Bank Reports Q2FY26 Consolidated PAT at ₹ 4,468 Crore, Standalone PAT at ₹ 3,253 Crore
Kotak Mahindra Bank reported Q2FY26 consolidated PAT of ₹ 4,468 crore and standalone PAT of ₹ 3,253 crore. While PAT saw a slight decline, the bank demonstrated strong growth in customer assets, AUM, net advances, and deposits, alongside improved asset quality.
The announcement contains comprehensive quarterly financial results for both standalone and consolidated operations, including critical metrics like PAT, NII, asset quality, deposits, and advances. This detailed financial performance data is crucial for investors and analysts to evaluate the company's health and future prospects, hence a high impact.
The sentiment is neutral because while consolidated and standalone PAT saw slight year-on-year declines, the bank reported strong growth in key operational metrics such as customer assets (up 13%), AUM (up 12%), net advances (up 16%), and total deposits (up 14%). Additionally, asset quality improved significantly with lower GNPA and NNPA, and credit costs decreased.
* Kotak Mahindra Bank announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. * Consolidated PAT for Q2FY26 stood at ₹ 4,468 crore, a decrease from ₹ 5,044 crore in Q2FY25. * Standalone PAT for Q2FY26 was ₹ 3,253 crore, slightly down from ₹ 3,344 crore in Q2FY25. * Key subsidiary PATs for Q2FY26 include: * Kotak Mahindra Bank: ₹ 3,253 crore * Kotak Securities: ₹ 345 crore * Kotak Asset Management & Trustee Company: ₹ 258 crore * Kotak Mahindra Prime: ₹ 246 crore * Kotak Mahindra Investments: ₹ 120 crore * Kotak Alternate Asset Managers: ₹ 104 crore * Kotak Mahindra Capital Company: ₹ 60 crore * Kotak Mahindra Life Insurance: ₹ 49 crore * Consolidated Customer Assets grew by 13% year-on-year (YoY) to ₹ 576,339 crore as of September 30, 2025. * Total Assets Under Management (AUM) grew by 12% YoY to ₹ 760,598 crore as of September 30, 2025. * Domestic MF Equity AUM increased by 14% YoY to ₹ 362,694 crore. * Consolidated Networth was ₹ 167,935 crore, with Book Value per Share increasing by 14% YoY to ₹ 844. * Consolidated Return on Assets (ROA) for Q2FY26 (annualized) was 1.97%, and Return on Equity (ROE) was 10.65%. * Consolidated Capital Adequacy Ratio (Basel III) was 22.8% and CET I ratio was 21.8%. * Standalone Net Advances increased by 16% YoY to ₹ 462,688 crore. * Average Total Deposits grew by 14% YoY to ₹ 510,538 crore for Q2FY26. * CASA ratio stood at 42.3% as of September 30, 2025. * Net Interest Income (NII) for Q2FY26 increased by 4% YoY to ₹ 7,311 crore, with Net Interest Margin (NIM) at 4.54%. * Fees and services increased by 4% YoY to ₹ 2,415 crore. * Operating profit increased by 3% YoY to ₹ 5,268 crore. * Credit cost (annualized) improved to 0.79% for Q2FY26 from 0.93% in Q1FY26. * Asset quality improved with Gross Non-Performing Assets (GNPA) at 1.39% and Net Non-Performing Assets (NNPA) at 0.32% as of September 30, 2025, compared to 1.49% and 0.43% respectively a year ago. * Provision Coverage Ratio stood at 77%.
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Kotak Mahindra Bank Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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