KOTAK MAHINDRA BANK LTD. — Q2FY27 earnings call summary

Filed 30 October 2026 · Official transcript

Subsidiaries contributed 26% of profit; Kotak Securities market share 13.2%
Credit cost improved to 35 bps from 46 bps; Gross NPA 1.04%, Net NPA 0.24%
NIM 4.31%, impacted by FCNR(B) deposits; cost-to-assets improved to 2.40%
Retail unsecured portfolio growing steadily with normalized credit costs
Management confident in responsible, profitable growth with focus on technology and cost discipline
Q2FY27 consolidated PAT 5,645 Cr, +26% YoY; Bank PAT 4,212 Cr, +29% YoY
Advances grew 25% YoY; core advances (ex-FCNR(B) and KMIL) +19% YoY
CASA ratio ex-FCNR(B) at 41.8%, deposits +19% YoY; FCNR(B) deposits mobilized 55,000 Cr