Kotak Mahindra Q3 net up 21% at Rs 716.61 crore

New Delhi: Private sector lender Kotak Mahindra Bank on Tuesday reported a 21.20% increase in its consolidated net profit at Rs 716.61 crore for the third quarter ended December 2014.The company reported a net profit
kotak mahindra q3 net up 21 at rs 716.61 crore -...
PTI 20 Jan 2015, 01:35 PM IST

New Delhi: Private sector lender Kotak Mahindra Bank on Tuesday reported a 21.20% increase in its consolidated net profit at Rs 716.61 crore for the third quarter ended December 2014.

The company reported a net profit of Rs 591.25 crore in the corresponding period a year ago.

Total income increased by 20.31% to Rs 5,323.46 crore in the quarter under review from Rs 4,424.5 crore in the same period last year, Kotak Mahindra said in a filing to the the BSE.

Net interest income for the third quarter was up 16.10% to Rs 1,060 crore from Rs 913 crore a year earlier.

 
   
 

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