Kotak Mahindra Bank Ltd has reported Q3FY23 financial results for the period ending December 31, 2022.
Financial Results (Q3 FY2023) – QoQ Comparison
| Financials | Q3 FY2023 | Q2 FY2023 | % Change |
| Total Income | ₹18481.46 crs | ₹17513.02 crs |  5.53% |
| Net Profit | ₹3995.05 crs | ₹3608.18 crs | 10.72% |
| EPS | ₹20.11 | ₹18.17 | 10.68% |
Financial Results (Q3 FY2023) – YoY Comparison
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹18481.46 crs | ₹14169.14 crs | 30.43% |
| Net Profit | ₹3995.05 crs | ₹3402.74 crs | 17.41% |
| EPS | ₹20.11 | ₹17.15 | 17.26% |
Asset Quality
| Asset Quality | Q3 FY2023 | Q2 FY2023 | Q3 FY2022 |
| Gross NPA | ₹6730 crs | ₹6966.34 crs | ₹7993.34 crs |
| Gross NPA % | 1.91% | 2.09% | 2.75% |
| Net NPA | ₹1667.71 crs | ₹1975.44 crs | ₹2496.75 crs |
| Net NPA % | 0.48% | 0.60% | 0.87% |
Detailed Quarterly Results
Consolidated Figures in Rs. Crores
| Dec 2021 | Sep 2022 | Dec 2022 |
|---|
| Revenue | 8,626 | 9,994 | 11,011 |
| Interest | 2,919 | 3,374 | 3,804 |
| Expenses | 6,839 | 9,391 | 9,453 |
| Financing Profit | -1,132 | -2,772 | -2,246 |
| Financing Margin % | -13% | -28% | -20% |
| Other Income | 5,543 | 7,519 | 7,470 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 4,411 | 4,747 | 5,224 |
| Tax % | 24% | 25% | 24% |
| Net Profit | 3,403 | 3,608 | 3,995 |
| EPS in Rs | 17.15 | 18.17 | 20.12 |
| Gross NPA % | 2.75% | 2.09% | 1.91% |
| Net NPA % | 0.87% | 0.60% | 0.48% |
115
5.53%