Kotak Mahindra Bank Q4 Results: Profit jumps 26% YoY to Rs 3,496 crore; NII rises 35%
In terms of asset quality, slippages came in at Rs 823 crore, which was 0.3% of net advances. The total provisions during the quarter came in at Rs 6,508 crore. At a consolidated level, Kotak Mahindra Bank’s return on assets (ROA) improved to 3.06% in Q4 vs 2.94% in Q4 of FY22. Similarly, the ROE (return on equity) also rose to 16.88% vs 16.64% in Q4FY22.
