Tim Cook wrote a winning recipe for AppleWill it work for his successor? Published on: Apr 26, 2026 3:43 PM IST The Economist Share via Copy link SOMETIMES A COMPANY encapsulates its times. Ford and its Model T captured the go-getting mood of the Roaring Twenties
Dressed in a black tuxedo just hours after he was at the centre of yet another major security incident, US President Donald Trump told reporters: "I can't imagine that there's any profession that is more dangerous." While a small army of Secret Service agents make the president arguably the world's
There’s a flavour movement quietly brewing in Indian kitchens and it isn’t smoky or spicy, but umami. Once considered a foreign concept, Indian chefs are now tapping into the country’s own rich legacy of umami-forward ingredients and techniques to reimagine comfort food for a cleaner, deeper
Violence erupted in West Bengal's Howrah and Haroa districts before the second phase of polling. Clashes between Trinamool Congress and BJP supporters occurred in Howrah. In Haroa, a police sub-inspector was injured during a confrontation between Trinamool Congress and Indian Secular Front
Mann Ki Baat: PM Modi praises Great Indian Bustard conservationPopulation of Great Indian Bustard has declined to fewer than 200 individuals, with the majority found in Rajasthan Published on: Apr 26, 2026 5:31 PM IST By Vijay Mathrani, Barmer/Jaisalmer Share via Copy link Prime Minister Narendra
The Mexican government says two US agents who died last weekend in a car crash had not been authorised to operate in the country. The officials, who reportedly worked for the CIA, had taken part in a raid on suspected drug labs in the northern state of Chihuahua before their vehicle skidded off a
Perhaps clay hasn’t been kind to him this time. But Carlos Alcaraz is already looking ahead. In a significant blow to the clay-court season, the World No. 2 has officially withdrawn from the French Open due to a wrist injury sustained during the opening round of the Barcelona Open
PM Modi in Mann Ki Baat said that ongoing Census exercise is not just a government task but a responsibility of all citizens and participation of everyone is vital. PM Modi’s Mann Ki Baat: Prime Minister Narendra Modi on Sunday highlighted India’s growing achievements across sectors ranging
Kotak Mahindra Bank net rises 4% to Rs 3,446 cr on advances growth
Kotak Mahindra Bank net rises 4% to Rs 3,446 cr on advances growth
MUMBAI: Kotak Mahindra Bank reported a standalone net profit of Rs 3,446 crore for the quarter ended Dec 31, 2025, up 4.3% from Rs 3,305 crore a year earlier, supported by growth in net interest income and other income. On a consolidated basis, net profit stood at Rs 4,924 crore, a 5% increase from Rs 4,701 crore in the same period last year.
Profit before tax stood at Rs 4,570 crore compared with Rs 4,387 crore a year ago, while provision for tax rose to Rs 1,124 crore from Rs 1,082 crore.
Net interest income for the quarter increased 5% year on year to Rs 7,565 crore from Rs 7,196 crore, while other income rose 8% to Rs 2,838 crore from Rs 2,623 crore, lifting net total income to Rs 10,403 crore from Rs 9,819 crore. Operating profit increased to Rs 5,380 crore from Rs 5,181 crore. Operating expenditure rose 8% to Rs 5,023 crore, reflecting higher employee costs, including a one-time incremental cost of Rs 96 crore related to the new Labour Code.
Provisions and contingencies for the quarter were Rs 810 crore, compared with Rs 794 crore a year earlier. Credit provisions on advances and receivables, net, rose 3% year on year to Rs 817 crore. The provision coverage ratio stood at 76%. Gross non-performing assets amounted to Rs 6,320 crore, compared with Rs 6,266 crore a year earlier.
Outstanding deposits increased 15% year on year to Rs 542,638 crore as of Dec 31, 2025, from Rs 473,497 crore, while outstanding advances, net, rose 16% to Rs 480,673 crore. The gross NPA ratio improved to 1.30% from 1.50% a year earlier and 1.39% in the preceding quarter.
Key ratios reflected stable performance during the quarter. The net interest margin was 4.54%, unchanged from the previous quarter but lower than 4.93% a year earlier. Return on assets stood at 1.89% compared with 2.10% a year ago, while return on equity was 10.7% against 11.6%. The cost of funds declined to 4.54% from 5.06% a year earlier. The CET1 capital adequacy ratio remained strong at 21.5%, compared with 21.7% a year earlier.
Among subsidiaries, Kotak Mahindra AMC and trustee company recorded a 31% year-on-year increase in profit to Rs 315 crore, with average assets under management rising 19% to Rs 588,205 crore. Kotak Mahindra Prime reported a 15% rise in net profit to Rs 250 crore, while Kotak Infrastructure Debt Fund posted a 14% increase to Rs 14 crore.
Kotak Mahindra Investments saw profit decline 19% to Rs 87 crore. Kotak Securities reported a 4% drop in net profit to Rs 431 crore from Rs 448 crore a year earlier. Kotak Mahindra Life Insurance recorded a 1% decline in profit to Rs 162 crore. BSS Sonata Microcredit reported a loss of Rs 26 crore for the quarter, compared with a loss of Rs 50 crore a year earlier.
Source: Msn
Source: OfficeNewz
Related Posts: Kotak Mahindra Bank customers alert Kotak Mahindra Bank Q3 results DMart, Meesho, UltraTech, Kotak Mahindra Bank, Tata Power, PB Fintech, And Others Kotak Mahindra Bank eyes M&A as CEO touts capital for ‘jumbo deals’ YRF Shelves Jr NTR's Standalone Spy Film After War 2 Box Office Failure X launches standalone XChat messaging app on iOS First govt official held in Panchkula’s Kotak Mahindra fraud Kotak Mahindra AUM crosses Rs 1 lakh cr mark Bank Of Baroda Reports Q2 Net Profit Of Rs 4 HDFC Bank Shares In Focus As Q3 Net Profit Rises To Rs 18
Police in Kolkata found approximately 100 crude bombs at a residence in Bhangar. The house belonged to an individual reportedly affiliated with the TMC. This discovery occurred just days before the second phase of the West Bengal assembly elections
1 days ago
Pakistan Prime Minister Shehbaz Sharif spoke with Iranian President Masoud Pezeshkian and discussed the evolving regional situation. During the telephonic conversation on Saturday (April 25, 2026) evening, which coincided with Foreign Minister Abbas Araghchi's visit to Islamabad
1 days ago
The man arrested after shots were fired inside the hotel where the White House Correspondents' Dinner was being held on Saturday night has been named to the BBC's US news partner CBS by law enforcement sources as Cole Tomas Allen. The 31-year-old suspect is from Torrance in the Los Angeles region
1 days ago
Can Raghav Chadha, others lose RS seats over BJP merger? AAP seeks their removal amid legal complexitiesSeven AAP Rajya Sabha MPs exited the party on Friday and merged with the BJP, citing the 2/3rds exception to the Anti-Defection Law. Updated on: Apr 26
1 days ago
People in the UK could face higher energy, food, and flight ticket prices for at least eight months after the end of the US-Israel war with Iran, a senior minister has said. Darren Jones, Chief Secretary to the Prime Minister, told the BBC the government was "looking at all of those things" as it
1 days ago
Srinagar Khel Sankalp document outlines national vision to strengthen sports cultureSrinagar Khel Sankalp document outlines national vision to strengthen sports culture Updated on: Apr 26, 2026 4:38 PM IST PTI Share via Copy link Srinagar, Sports Minister Mansukh Mandaviya on Sunday released
1 days ago
Nikola Jokic was ejected after an altercation with Jaden McDaniels as the Minnesota Timberwolves beat the Denver Nuggets to move to the brink of victory in the NBA play-offs first round. With the Timberwolves 14 points ahead in game four with 1.3 seconds of the match remaining
1 days ago
![New Delhi [India], April 26 (ANI): Team India’s head coach, Gautam Gambhir, on Sunday, shared adorable fam-jam pictures. As his daughter Anaiza turned nine](http://newsorbit360.com/files/news/en/imgs/gautam-gambhir-s-daughter-anaiza-turns-9.webp?height=520)
New Delhi [India], April 26 (ANI): Team India’s head coach, Gautam Gambhir, on Sunday, shared adorable fam-jam pictures. As his daughter Anaiza turned nine, Gambhir flaunted his fatherly side on social media. In one of the images, he and his wife Natasha could be seen posing with their daughters
1 days ago
Union Finance Minister has flagged concerns over an emerging cyber challenge linked to Anthropic’s AI model Mythos, and described it as a threat as big as war.Speaking at the ET Awards for Corporate Excellence on Saturday, Sitharaman said the scale and nature of the development had caught
1 days ago
If Christian Horner wanted to keep a low profile after his Red Bull exit, he picked the wrong paddock. The ousted Formula 1 boss made a surprise appearance at the Spanish Grand Prix in Jerez on Saturday, instantly sparking chatter: is MotoGP his next move?If Christian Horner wanted to keep a low
1 days ago
Hundreds of protesters in Imphal clashed with security forces on Saturday after being stopped from marching to the chief minister’s residence, The Hindu reported. They were demanding justice for two children killed in a recent attack and permanent peace in Manipur
1 days ago
Ambani family hosts Rihanna at Antilia in Mumbai, photos of warm welcome go viralThe Ambani family hosted Rihanna at their Mumbai home Antilia, and the pictures quickly went viral online. Published on: Apr 26, 2026 3:43 PM IST By Mahipal Singh Chouhan Share via Copy link The Ambani family hosted
1 days ago
A hilarious video from Thailand is taking the internet by storm, showing a massive wild elephant casually strolling into a small convenience store like it’s doing its weekly grocery run. In the video shared on X, a elephant calmly walks through the shop’s open door
1 days ago
A 43-year-old share trader, Debdeep Chatterjee, was beaten to death allegedly by a mob in Asansol on Saturday after an argument broke out when his car brushed against a parked motorbike near his home, The Telegraph reported. His wife, Piyali Chatterjee
1 days ago
Ishan Kishan emphasized that consistent batting performances were key to his return to the Indian team after a period out. He focused on scoring runs rather than dwelling on disappointment, highlighting that selection hinges on performance. Kishan also shared insights from Sunrisers Hyderabad's win
1 days ago
Dhoni isn’t part of the Chennai unit for the game against GT, amid reports that he does not want to meddle with the team composition that seems to be working. Chennai Super Kings take on Gujarat Titans at the MA Chidambaram Stadium in Chennai on Sunday in a blockbuster encounter between the sides
1 days ago
The richest one percent of people are earning a larger share of total income than at any point in the last four decades — and in India, the concentration is almost back to pre-independence levels. Data from the World Inequality Database tracking 1910 to 2024 shows a clear U-shaped pattern:
1 days ago
The minimum temperatures are expected to remain in the range of 25-27°C, and maximum temperatures are likely to hover around 43-45°C The India Meteorological Department on Saturday predicted that heat wave conditions are likely over northwest and central India during the next 3 days
1 days ago
A car bomb exploded near a police station in Dunmurry, Northern Ireland. Police have declared a security alert and evacuated homes. This incident follows a similar attempted attack last month. Dissident Republican groups are suspected of carrying out these attacks
1 days ago
Meta will lay off around 8,000 employees, roughly 10% of its global workforce, starting May 20, according to an internal memo sent to staff by chief people officer Janelle Gale. The company said the move is part of a broader effort to improve efficiency while continuing to invest heavily in
1 days ago
The Securities and Exchange Board of India (SEBI) has proposed a major change in how stock brokers’ capital requirements are calculated. The move aims to better match broker net worth with the scale of their operations and the risks they handle
1 days ago
Central government employees and pensioners have been waiting for the release of Dearness Allowance (DA) and Dearness Relief (DR) arrears withheld during the COVID-19 pandemic ahead of the 8th Pay Commission. The arrears, which remained unpaid for 18 months during the pandemic period
1 days ago
Cole Thomas Allen family: Here's all we know about WH dinner shooting suspectCole Tomas Allen, 31, from Torrance, California, is suspected of discharging firearms during the WH Correspondents' Dinner, injuring a Secret Service agent. Published on: Apr 26
1 days ago
Diksha drops to T-26 on a windy day in Women’s SA OpenDiksha drops to T-26 on a windy day in Women’s SA Open Published on: Apr 26, 2026 5:09 PM IST PTI Share via Copy link Cape Town, Indian golfer Diksha Dagar managed just one birdie against four bogeys on a rough and windy day at the Investec
1 days ago
Indiana University campus mass shooting: Here's what happened in Bloomington after ‘Little 500’A mass shooting near Indiana University's campus resulted in nine injuries during the Little 500 race celebrations. Published on: Apr 26, 2026 5:48 PM IST By Shweta Kukreti Share via Copy link Nine
1 days ago
As the U.S. sanctions waiver for Iran’s Chabahar port ends on Sunday (April 26, 2026), the government faces a major test in strategic autonomy, as it may have to choose between exiting the 23-year-old port project or facing American sanctions
1 days ago
President Donald Trump addressing reporters at the White House after he and other top leaders of the United States were evacuated from an annual dinner of White House correspondents on Saturday (April 25, 2026) night after a shooting incident outside the ballroom
1 days ago
![Chennai (Tamil Nadu) [India], April 26 (ANI): Captain Ruturaj Gaikwad played a lone hand with a resilient unbeaten 74 as Chennai Super Kings (CSK) managed to](http://newsorbit360.com/files/news/en/imgs/gaikwads-gritty-74-leads-csk-to-158-vs-gt-after-rabadas-3-fer.webp?width=120&height=70)
