Kotak Mahindra Bank Share Price Rose by 9.49%; Posts 10% YoY PAT Growth in Q3 FY25 Results

Kotak Mahindra Bank Limited has released its unaudited standalone and consolidated financial results for the quarter ended December 31, 2024.

Post the announcement, on January 20, 2025, Kotak Mahindra Bank share price (NSE: KOTAKBANK) opened at ₹1,890.00, up from its previous close of ₹1,758.60. At 9:47 AM, the share price of Kotak Mahindra Bank was trading at ₹1,925.55, up by 9.49% on the NSE.

Consolidated Results Q3 FY2025

For the consolidated results, the bank’s Profit After Tax (PAT) for Q3 FY25 increased by 10% year-on-year (YoY), rising to ₹4,701 crore, compared to ₹4,265 crore in Q3 FY24. For the nine months ended December 31, 2024 (9M FY25), consolidated PAT before the Kotak Global Investments (KGI) divestment grew by 10% YoY, reaching ₹14,180 crore, up from ₹12,876 crore in 9M FY24.

The Return on Assets (ROA) for Q3 FY25 (annualised) was 2.30%, slightly lower than the 2.46% in Q3 FY24, while Return on Equity (ROE) stood at 12.43% for Q3 FY25 (annualised), down from 13.83% in the same quarter last year.

The bank’s consolidated Capital Adequacy Ratio (CAR) under Basel III stood at a strong 23.4%, with the CET I ratio at 22.5%. The bank’s consolidated net worth at December 31, 2024, amounted to ₹152,878 crore, bolstered by reserves due to regulatory changes and the gain on the KGI divestment.

In terms of assets, the total Assets Under Management (AUM) increased by 29% YoY, reaching ₹686,197 crore as of December 31, 2024, compared to ₹533,365 crore as of the previous year. The Domestic Mutual Fund (MF) Equity AUM saw significant growth, up 39% YoY, reaching ₹319,161 crore.

Standalone Results Q3 FY2025

On the standalone front, Kotak Mahindra Bank posted a PAT of ₹3,305 crore for Q3 FY25, reflecting a 10% YoY growth compared to ₹3,005 crore in Q3 FY24.

For 9M FY25, the bank’s standalone PAT grew by 5% YoY, amounting to ₹10,168 crore, up from ₹9,648 crore in 9M FY24.

Net Interest Income (NII) for Q3 FY25 was ₹7,196 crore, up 10% YoY. The Net Interest Margin (NIM) stood strong at 4.93%, maintaining healthy margins. Operating profit for Q3 FY25 increased by 13% YoY to ₹5,181 crore, showcasing consistent operational performance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.