The Board of Directors of Kotak Mahindra Bank Limited held a meeting on May 2, 2026, to review and approve the audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. The audit, conducted by joint statutory auditors Deloitte Haskins & Sells and MM NISSIM & CO LLP, resulted in an unmodified opinion on the financial statements. Key outcomes included the approval of financial performance metrics and the proposal of a dividend for the year.

Kotak Mahindra Bank Limited is a leading Indian private sector bank offering a wide range of banking and financial services, including retail and corporate banking, treasury operations, and vehicle financing. Through its various subsidiaries, the group also engages in stockbroking, asset management, and life insurance. Recent corporate developments in 2026 include the divestment of a 30.99% stake in its associate Infina Finance Private Limited and a departmental restructuring where the business activities of its subsidiary, Kotak Mahindra Investments Limited, will be integrated into the bank starting April 1, 2026.

The consolidated total income for the quarter ended March 31, 2026, stood at ₹28,107.60 crore, representing a 0.92% increase from the previous quarter’s ₹27,850.79 crore and a 3.43% rise from ₹27,174.42 crore in the corresponding quarter of the previous year. Net profit for the same period was reported at ₹5,423.15 crore, showing a growth of 10.13% over the ₹4,924.29 crore earned in Q3 FY2026 and a 9.94% increase compared to ₹4,932.76 crore in Q4 FY2025. Standalone results also reflected growth, with a net profit of ₹4,026.55 crore for the current quarter compared to ₹3,446.14 crore in the preceding quarter. Notably, the bank’s asset quality improved, with the Gross Non-Performing Asset (NPA) ratio decreasing to 1.20% from 1.42% year-on-year.