Kotak Mahindra Bank on Saturday reported net profit of Rs 3,344 crore in the July-September period (Q2 FY25), up 5 per cent from Rs 3,191 crore in the same quarter last fiscal.
Consolidated profit after tax (PAT) for Q2 FY25 was Rs 5,044 crore, up 13 per cent (year-on-year) from Rs 4,461 crore in the same quarter last year, the bank said in its regulatory filing.
The bank reported net interest income for the quarter to Rs 7,020 crore, from Rs 6,297 crore in Q2 FY24, up 11 per cent YoY.
The total assets under management (AUM) were Rs 680,838 crore -- up 37 per cent YoY over Rs 498,342 crore (as on September 30). Kotak Asset Management, the fifth largest AMC, saw its domestic mutual fund equity AUM increase by 60 per cent YoY to Rs 319,161 crore.