Kotak Mahindra Bank Share Price Dips 6%; Reports 1% YoY PAT Rise in Q1 FY26 Results

Kotak Mahindra Bank reported its unaudited standalone and consolidated results for the quarter ending June 30, 2025.

Kotak Mahindra Bank Q1 FY26 Consolidated Performance

For Q1 FY26, consolidated profit after tax (PAT) rose marginally by 1% YoY to ₹4,472 crore, excluding the one-time gain from the KGI divestment recorded in Q1 FY25.

Customer assets, including advances (IBPC and BRDS) and credit substitutes, grew 13% YoY to ₹5,57,369 crore, while total AUM surged 18% YoY to ₹7,50,143 crore. Within this, domestic mutual fund equity AUM grew 22% YoY, reaching ₹3,57,323 crore.

The bank’s net worth climbed to ₹1,64,903 crore, with book value per share increasing 17% YoY to ₹829. Key financial metrics remained healthy, with a return on assets (ROA) at 2.03% and return on equity (ROE) at 11.13% (annualised).

The capital adequacy ratio under Basel III stood at 23.7%, with a CET I ratio of 22.7%. The bank’s average liquidity coverage ratio (LCR) was 138% during the quarter.

Standalone Business Highlights

On a standalone basis, average advances (including IBPC and BRDS) for Q1 FY26 grew 14% YoY, with net advances at ₹4,44,823 crore, compared to ₹3,89,957 crore a year earlier. Unsecured retail advances (including microcredit) accounted for 9.7% of total net advances.

Total deposits averaged ₹4,91,998 crore, marking a 13% YoY increase. Breaking this down, current deposits grew 9% YoY to ₹67,809 crore, savings deposits rose 2% YoY to ₹1,24,186 crore, and term deposits surged 19% YoY to ₹3,00,003 crore.

The bank’s net interest income (NII) increased 6% YoY to ₹7,259 crore, while operating profit rose similarly by 6% YoY to ₹5,564 crore. PAT stood at ₹3,282 crore, versus ₹3,520 crore in Q1 FY25 (excluding the KGI divestment gain).

Kotak Mahindra Bank Share Price Performance

On July 28, 2025, Kotak Mahindra Bank share price (NSE: KOTAKBANK) opened at ₹2,025.30, down from its previous close of ₹2,124.60. At 9:49 AM, the share price of Kotak Mahindra Bank was trading at ₹1,989.60, down by 6.35% on the NSE.

Also Read: Kotak Mahindra Bank Unveils Solitaire Services for Affluent Customers in India! 

Conclusion

Kotak Mahindra Bank delivered steady Q1 FY26 results, driven by loan and deposit growth, rising AUM, and healthy margins. While PAT growth was muted due to the absence of last year’s exceptional gains, its balance sheet, capital adequacy, and liquidity position set a stable tone for FY26 performance.

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