Kotak Mahindra Financial institution on Saturday reported a ten.22 per cent rise in its December quarter consolidated web revenue to ₹4,701 crore.
The lender had reported a web revenue of ₹4,265 crore within the year-ago interval and ₹5,044 crore within the previous September quarter.
On a standalone foundation, the non-public sector lender’s web revenue elevated to ₹3,304 crore from ₹3,005 crore within the year-ago interval however was marginally down when put next with the September quarter’s ₹3,343 crore.
The overall revenue elevated to ₹16,050 crore from ₹14,096 crore within the year-ago interval, whereas the bills got here at ₹10,869 crore in opposition to ₹9,530 crore.
The gross non-performing belongings ratio inched as much as 1.50 per cent from 1.49 per cent three months in the past.
The general provisions elevated to ₹794 crore from ₹579 crore in Q3 FY24 and ₹660 crore in Q2 FY25.
The Kotak Mahindra Financial institution scrip had closed 2.58 per cent down at ₹1,758.65 apiece on the BSE on Friday in opposition to a 0.55 per cent correction on the benchmark.
