Kotak Mahindra Financial institution Q3 PAT rises 10% to ₹4,701 crore

Kotak Mahindra Financial institution Ltd. for the third quarter ended December 31, 2024 reported 10% progress in consolidated internet revenue at ₹4,701 crore as in contrast with ₹4,265 crore within the yr in the past interval.

On the consolidated stage, Return on Property (ROA) for Q3FY25 (annualized) was 2.30% (2.46% for Q3FY24), the financial institution stated in a regulatory submitting.

Return on Fairness (ROE) for Q3FY25 (annualized) was decrease at 12.43% (13.83% for Q3FY24), it stated.

Consolidated Capital Adequacy Ratio as per Basel III as at December 31, 2024 was 23.4% and CET I ratio was 22.5% (together with unaudited income).

Whole Property Beneath Administration as at December 31, 2024 have been ₹6,86,197 crore up 29% YoY over ₹5,33,365 crore as at December 31, 2023. The Home MF Fairness AUM elevated by 39% YoY to ₹319,161 crore as at December 31, 2024, the financial institution stated within the submitting.

On a standalone foundation the financial institution’s PAT for Q3FY25 elevated to ₹3,305 crore from ₹3,005 crore in Q3FY24, up 10% YoY.

Web Curiosity Revenue (NII) for Q3FY25 elevated to ₹7,196 crore from ₹6,554 crore in Q3FY24, up 10% YoY.

Web Curiosity Margin (NIM) was 4.93% for Q3FY25.

Buyer Property, which contains Advances and Credit score Substitutes, elevated by 15% YoY to ₹459,436 crore as at December 31, 2024 from ₹ 400,759 crore as at December 31, 2023.

Advances elevated 16% YoY to ₹433,386 crore as at December 31, 2024 from ₹372,464 crore as at December 31, 2023.

Unsecured retail advances (incl. retail microcredit) as a % of internet advances stood at 10.5% as at December 31, 2024.

Common Whole Deposits grew to ₹4,58,614 crore for Q3FY25 in comparison with ₹3,98,908 crore for Q3FY24 up 15% YoY, the financial institution stated.

As at December 31, 2024, GNPA was 1.50% & NNPA was 0.41% (GNPA was 1.73% & NNPA was 0.34% at December 31, 2023).

As at December 31, 2024, Provision Protection Ratio stood at 73%, the financial institution stated.

Capital Adequacy Ratio of the Financial institution, as per Basel III, as at December 31, 2024 was 22.8% and CET1 ratio of 21.7% (together with unaudited income).