{
  "id": 16325663,
  "title": "Kotak Q2 FY27 slides: profit jumps 26% as asset quality improves",
  "url": "https://urgent.news/2026/10/24/kotak-q2-fy27-slides-profit-jumps-26-as-asset-quality-improves",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T12:06:28.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/kotak-q2-fy27-slides-profit-jumps-26-as-asset-quality-improves-93CH-4970820"
  },
  "original_language": "en",
  "account": "Kotak Mahindra Bank reported a 26% increase in consolidated profit after tax to ₹5,645 crore in Q2 FY27, while standalone bank profit rose 29% to ₹4,212 crore. The bank's strategic framework, titled \"Transforming for Scale,\" emphasizes customer segments, independent product businesses, and technology-enabled digital infrastructure. Shares traded at $430.50, down 1.49% from the previous close, near the 52-week high of $453.10. Key metrics demonstrated broad-based improvement in profitability and asset quality. Return on assets increased to 2.10% from 1.97%, and return on equity expanded to 11.70% from 10.65%, as customer assets under management grew 8% to ₹814,118 crore. Credit cost declined significantly to 0.35%, while net interest income grew 16% to ₹8,459 crore. Asset quality metrics showed continued improvement, with gross non-performing assets decreasing to 1.04% of advances. The bank's lending portfolio grew across retail, institutional, and independent product businesses. Unsecured retail advances increased by ₹1,730 crore but represented 8.1% of net advances. Management highlighted disciplined growth in higher-risk segments.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "AU Small Finance Bank Reports 53% Q2 FY27 Profit Rise, Deposits Grow 28.6% As Asset Quality Improves",
        "url": "https://urgent.news/2026/10/24/au-small-finance-bank-reports-53-q2-fy27-profit-rise-deposits-grow-28",
        "published": "2026-10-24T10:17:42.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}