Kotak Mahindra web revenue dips 14%

Kotak Mahindra web revenue dips 14%

MUMBAI: Kotak Mahindra Bankreported a 14% year-on-year decline in standalone web revenue to Rs 3,552 crore for the quarter ended March 2025, as rising provisions and narrowing margins weighed on earnings. For the complete 12 months, standalone revenue after tax rose 6% to Rs 13,720 crore, excluding a Rs 2,730 crore achieve from the sale…

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