How much did Kotak Mahindra Bank's net profit grow?

Standalone net profit rose 25.6% to ₹4,122.96 crore in Q1 FY2027.

What happened to asset quality?

Gross NPAs fell to 1.18% of advances from 1.48% a year ago.

What about the Deutsche Bank acquisition?

The board took note of the ongoing acquisition, but no new material updates were provided.

Earnings · Banks · Mega cap

Kotak Bank Q1 profit jumps 25.6%, asset quality improves

Standalone net profit rises to ₹4,122.96 crore; gross NPA ratio falls to 1.18% from 1.48%. Consolidated PAT up 22.5% to ₹5,480.46 crore.

— 4 earlier stories on Kotak Mahindra Bank Ltd. →

KOTAKBANK By Tipsheet Editorial 18 Jul 2026 · 12:51 PM IST Verify on BSE · NSE

Mkt cap₹4.07 lakh cr

P/E21.09×

ROE15.28%

Debt / eq.0.62

Div yld0.16%

25.6% Standalone net profit growth YoY

What's new

Net profit up 25.6% to ₹4,122.96 crore
Gross NPA ratio improves 30 bps to 1.18%
Consolidated PAT rises 22.5% to ₹5,480.46 crore

Why this matters

The bank delivered a clean quarter with double-digit profit growth and a modest improvement in asset quality, consistent with its business update. No new strategic news emerged beyond the already-announced Deutsche Bank acquisition. The results are routine for a large-cap bank.

What we're watching

Progress on Deutsche Bank retail acquisition and integration
CASA ratio trends after QoQ slip in previous quarter
Loan growth trajectory in coming quarters

The full read

Kotak Mahindra Bank's Q1 FY2027 numbers are as advertised. Standalone net profit jumped 25.6% to ₹4,122.96 crore, while consolidated PAT rose 22.5% to ₹5,480.46 crore, both in line with the business update released last month. Asset quality eked out a modest improvement: gross NPAs fell to 1.18% from 1.48% a year ago. No negative surprises, no new strategic moves. Just a clean, predictable quarter from a large-cap bank. The Deutsche Bank retail acquisition remains on the radar, but for now, the story is steady execution.

Questions answered

How much did Kotak Mahindra Bank's net profit grow?: Standalone net profit rose 25.6% to ₹4,122.96 crore in Q1 FY2027.
What happened to asset quality?: Gross NPAs fell to 1.18% of advances from 1.48% a year ago.
Did the bank announce any dividend?: No dividend was declared.
What about the Deutsche Bank acquisition?: The board took note of the ongoing acquisition, but no new material updates were provided.

Mentioned: Deutsche Bank · ₹4,122.96 cr · ₹5,480.46 cr

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Kotak Mahindra Bank Ltd.

Banks

₹3.80 L cr

P/E 18.72×

Latest quarter · Jun 2026

Net profit₹5,480 cr

Net margin+29.9%

EPS₹5.51

Returns & growth

Return on equity+11.3%

Sales CAGR+14.2%

EPS CAGR+16.6%

Story so far

All notes on KOTAKBANK →

18 Jul 2026 · 12:51 PM IST Kotak Bank Q1 profit jumps 25.6%, asset quality improves
3d ago Kotak to buy Deutsche Bank India retail for ₹281 cr; Q1 profit up 26%
3d ago Kotak Bank Q1 profit jumps 25.6% but holds few surprises
17d ago Kotak Mahindra Bank net advances at ₹5,12,171 cr, CASA slips 6.7% QoQ
21d ago Kotak Mahindra Bank buys Deutsche Bank's India retail for ₹281.7 cr