Kotak Mahindra Bank Q2FY27: standalone PAT up 29% to ₹4,212 cr, net advances up 25%
Q2FY27 PAT up 29% YoY to ₹4,212 cr, NII up 16% to ₹8,459 cr, net advances up 25% to ₹577,295 cr; NNPA 0.24%.
By ScoutQuest · · 1 min read
- Q2FY27 PAT
- ₹4,212 cr, up 29% YoY
- Q2FY27 NII
- ₹8,459 cr, up 16%
- Net advances / NNPA
- Net advances up 25% to ₹577,295 cr; NNPA 0.24%
- Period
- Q2FY27
- Positioning
- Kotak presents itself as a diversified financial group: a bank with retail, institutional and independent product lending, plus a broker and what it calls the 5th largest fund house in India.
📉 Q2FY27 PAT was ₹4,212 cr, up 29% YoY, on net interest income of ₹8,459 cr (up 16%) and fees and services of ₹2,926 cr (up 21%). Provisions fell 15% to ₹803 cr; ROE was 11.65%. H1FY27 PAT was ₹8,335 cr, up 28%.
📉 Net advances grew 25% YoY to ₹577,295 cr and deposits to ₹651,491 cr, but NIM eased to 4.31% from 4.54% and the CASA ratio fell to 38.2% from 42.3%. Asset quality improved, with NNPA at 0.24% and credit cost at 0.35%. The figures include ~₹16,110 cr of loans against FCNR(B) deposits and ~₹8,915 cr of loans transferred from KMIL.
🎯 The company describes three strategic pillars. The first is four focus customer segments: HNI, Core India via Kotak811, SME and Institutional. The second is independent product businesses in tractor finance and CV/CE. The third is technology, digital and AI, which it calls the operating backbone of the franchise.
🌍 Subsidiaries contributed too: Kotak Securities PAT was ₹348 cr with a 13.2% overall market share. The AMC posted PAT of ₹287 cr on overall average AUM of ₹635,421 cr, which it says makes it the 5th largest fund house.
Also from Kotak Mahindra Bank
Audio recording of Q2 FY27 earnings call made available on bank's website
24 Oct 2026
Board appoints Anu Aggarwal as Senior Management Personnel, effective October 24, 2026
24 Oct 2026
Q2FY27 results: standalone PAT ₹ 4,212 crore, up 29% YoY; consolidated PAT ₹ 5,645 crore
24 Oct 2026
More numbers
- PAT, Q2FY274,212 (₹ cr)
- PAT growth YoY, Q2FY2729%
- Net Interest Income, Q2FY278,459 (₹ cr)
- Fee and Services, Q2FY272,926 (₹ cr)
- PAT, H1FY278,335 (₹ cr)
- Net Advances, 30-Sep-26577,295 (₹ cr)
- Deposits, 30-Sep-26651,491 (₹ cr)
- CASA Ratio, 30-Sep-2638.2%
- NIM, Q2FY274.31%
- NNPA, Q2FY270.24%
- ROE, Q2FY2711.65%
- Kotak Securities PAT, Q2FY27348 (₹ cr)
- AMC overall average AUM, Q2FY27635,421 (₹ cr)
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