Kotak Mahindra Bank Share Price in Focus; Reports Q2 FY26 Results; Consolidated PAT at ₹4,468 Crore

Kotak Mahindra Bank announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. 

Consolidated Performance Overview

At the consolidated level, Kotak Mahindra Bank reported a profit after tax (PAT) of ₹4,468 crore for Q2 FY26, compared to ₹5,044 crore in Q2 FY25. Total Assets Under Management (AUM) rose 12% year-on-year to ₹7,60,598 crore as of September 30, 2025, against ₹6,80,838 crore in the previous year. The domestic mutual fund (MF) equity AUM grew by 14% YoY to ₹3,62,694 crore.

The bank’s consolidated net worth stood at ₹1,67,935 crore, while the book value per share increased 14% to ₹844 as of September 30, 2025, compared to ₹740 a year earlier. On an annualised basis, Return on Assets (ROA) stood at 1.97%, and Return on Equity (ROE) was 10.65%, indicating strong capital efficiency and profitability metrics.

Standalone Financial Highlights

On a standalone basis, Kotak Mahindra Bank reported net advances of ₹4,62,688 crore as of September 30, 2025, up 16% from ₹3,99,522 crore a year earlier. Average total deposits increased 14% YoY to ₹5,10,538 crore during Q2 FY26. Average current deposits rose to ₹70,220 crore, up 14% YoY, while fixed-rate savings deposits reached ₹1,13,894 crore, an 8% YoY increase. Average term deposits also grew robustly by 20% YoY to ₹3,11,889 crore.

Net Interest Income (NII) increased 4% YoY to ₹7,311 crore in Q2 FY26, compared to ₹7,020 crore in Q2 FY25. The bank maintained a Net Interest Margin (NIM) of 4.54% for the quarter, with a cost of funds at 4.70%. The standalone PAT for Q2 FY26 stood at ₹3,253 crore, slightly lower than ₹3,344 crore in the corresponding quarter last year.

Kotak Mahindra Bank Share Price Performance

On October 27, 2025, Kotak Mahindra Bank share price (NSE: KOTAKBANK) opened at ₹2,172.20, down from its previous close of ₹2,187.00. At 10:36 AM, the share price of Kotak Mahindra Bank was trading at ₹2,162.00, down by 1.14% on the NSE.

Also Read: SBI Card to Revise Service Charges and Fee Structure!

Conclusion

Kotak Mahindra Bank delivered steady financial performance in Q2 FY26, supported by double-digit growth in advances and deposits. 

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