Kotak Mahindra Bank FY25 profit jumps; dividend declared
Kotak Mahindra Bank (BSE: 500247) announced a robust financial performance for the year ended March 31, 2025, with consolidated profit after tax (PAT) soaring to INR22,126 crore, a 21% increase year-over-year. This includes a gain of INR3,013 crore from the divestment of a 70% stake in Kotak Mahindra General Insurance to Zurich Insurance Company. Excluding this one-off gain, the Bank's PAT stood at INR19,113 crore, a more modest 5% annual increase. Standalone PAT reached INR16,450 crore. The Board has recommended a dividend of INR2.50 per equity share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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