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Kotak Mahindra Bank Q4 profit rises 10 pc; CEO flags valuation concerns for staying out of IDBI Bk buy

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Kotak Mahindra Bank Q4 profit rises 10 pc; CEO flags valuation concerns for staying out of IDBI Bk buy

Mumbai, May 2 (PTI) Kotak Mahindra Bank on Saturday reported a 10 per cent rise in consolidated net profit to Rs 5,423 crore for the fourth quarter of 2025-26, on the back of lower provisions and better net interest income. In the year-ago period, the profit stood at Rs 4,933 crore. On a standalone basis, it reported a 13 per…

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