Kotak Mahindra Bank Q4 PAT up 36 pc at Rs 2,589 crore
Kotak Mahindra Bank Q4 PAT up 36 pc at Rs 2,589 crore ANI | Updated: May 03, 2021 14:40 IST Mumbai (Maharashtra) [India], May 3 (ANI): Private sector lender Kotak Mahindra Bank on Monday reported 36 per cent year-on-year hike in its consolitated profit after tax at Rs 2,589 crore for the March quarter from Rs 1,905 crore in Q4 FY20. The sharp growth was due to flat provisioning. The loan loss provisioning in Q4 FY21 stood at Rs 1,215 crore, almost at par with the March 2020 quarter. PAT margins improved from 15.77 per cent to 16 per cent in the same perio...
Source: aninews.in