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Kotak Bank FY12 cons net profit up 17%-news08052012


Kotak Mahindra Bank has announced the following results for the quarter & year ended March 31, 2012:

The unaudited results for the quarter ended March 31, 2012:

    The net profit of the bank rose by 19.39% to Rs296.93 crore for the quarter ended March 31, 2012 as compared to Rs248.70 crore for the quarter ended March 31, 2011.
    The total income increased by 38.29% to Rs1999.06 crore for the quarter ended March 31, 2012 from Rs1445.55 crore for the quarter ended March 31, 2011.


The audited results for the year ended March 31, 2012:

    The net profit of the bank surged by 32.62% to Rs1085.05 crore for the year ended March 31, 2012 as compared to Rs818.18 crore for the year ended March 31, 2011.
    The total income rose by 44.01% to Rs7157.58 crore for the year ended March 31, 2012 from Rs4970.30 crore for the year ended March 31, 2011.


Consolidated Results:

The unaudited consolidated results for the quarter ended March 31, 2012:

    The net profit of the group advanced by 6.01% to Rs520.93 crore for the quarter ended zMarch 31, 2012 as compared to Rs491.38 crore for the quarter ended March 31, 2011.
    The total income advanced by 43.10% to Rs4363.60 crore for the quarter ended March 31, 2012 from Rs3049.40 crore for the quarter ended March 31, 2011.


The audited consolidated results for the year ended March 31, 2012:

    The net profit of the group surged by 16.95% to Rs1832.24 crore for the year ended March 31, 2012 as compared to Rs1566.74 crore for the year ended March 31, 2011.
    The total income has advanced by 17.64% to Rs12937.39 crore for the year ended March 31, 2012 from Rs10997.43 crore for the year ended March 31, 2011.
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