Friday , 7 May 2021
Breaking News
Kotak Mahindra Bank zooms on reporting 36% rise in Q4 consolidated net profit

Kotak Mahindra Bank zooms on reporting 36% rise in Q4 consolidated net profit

Kotak Mahindra Bank is currently trading at Rs. 1743.55, up by 19.25 points or 1.12% from its previous closing of Rs. 1724.30 on the BSE.

The scrip opened at Rs. 1746.20 and has touched a high and low of Rs. 1764.10 and Rs. 1725.40 respectively. So far 282098 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 2048.95 on 16-Feb-2021 and a 52 week low of Rs. 1110.00 on 18-May-2020.

Last one week high and low of the scrip stood at Rs. 1845.00 and Rs. 1685.70 respectively. The current market cap of the company is Rs. 346395.03 crore.

The promoters holding in the company stood at 26.02%, while Institutions and Non-Institutions held 57.76% and 16.22% respectively.

Kotak Mahindra Bank has reported 32.83% rise in its net profit at Rs 1682.37 crore for the quarter ended March 31, 2021 as compared to Rs 1266.60 crore for the same quarter in the previous year. Total income of the bank increased by 1.26% at Rs 8398.39 crore for Q4FY21 as compared Rs 8294.07 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported 35.91% rise in its net profit at Rs 2589.32 crore for the quarter ended March 31, 2021 as compared to Rs 1905.18 crore for the same quarter in the previous year. Total income of the bank increased by 33.85% at Rs 16175.87 crore for Q4FY21 as compared Rs 12084.71 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the bank has reported 17.11% rise in its net profit at Rs 6964.84 crore as compared to Rs 5947.18 crore for the previous year. However, total income of the bank reported marginal fall at Rs 32299.47 for year under review as compared to Rs 32301.72 crore for year ended March 31, 2020

For the year ended March 31, 2021, on the consolidated basis, the bank has reported a rise of 16.25% in its net profit at Rs 9990.20 crore as compared to Rs 8593.36 crore for the previous year. Total income of the bank increased by 12.73% at Rs 56703.73 crore for year under review as compared to Rs 50299.69 crore for year ended March 31, 2020.

 

Tag : kotak mahindra bank share, kotak mahindra bank udaipur, kotak mahindra bank customer care number, kotak mahindra bank near me, kotak mahindra bank login, kotak mahindra bank jaipur, kotak mahindra bank net banking, kotak mahindra bank share price, kotak mahindra bank account, kotak mahindra bank atm, kotak mahindra bank account online, kotak mahindra bank branches in udaipur, kotak mahindra bank credit card, kotak mahindra bank careers, kotak mahindra bank dungarpur, kotak mahindra bank email id,