{
  "id": 16325664,
  "title": "Earnings call transcript: Kotak Mahindra Bank posts strong Q2 2026 profit growth",
  "url": "https://urgent.news/2026/10/24/earnings-call-transcript-kotak-mahindra-bank-posts-strong-q2-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T11:53:11.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-kotak-mahindra-bank-posts-strong-q2-2026-profit-growth-93CH-4970814"
  },
  "original_language": "en",
  "account": "Kotak Mahindra Bank reported a 26% year-on-year increase in consolidated net profit to INR 5,645 crores and a 29% rise in standalone bank profit to INR 4,212 crores in Q2 FY27. The shares closed at $430.50, down 1.49% from the previous day's close of $437, near the upper range of its 52-week trading band ($345.5 to $453.1). The bank's net interest margin declined to 4.31% from 4.53%, influenced by its significant FCNR deposit program. Net NPA decreased to 0.24% from 0.27% last quarter. Advances rose by 25% year-on-year, driven by retail, SME, and corporate lending. The company's balance sheet expanded by 25% to approximately INR 9 lakh crore, with net advances growing by 25% and deposits increasing by 23%. Retail lending, SME advances, and corporate banking all expanded at a healthy rate.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Q2 Results Today Live: Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Tech, Castrol India, Kajaria Ceramics, Bharat Coking Coal to announce Q2 results",
        "url": "https://urgent.news/2026/10/24/q2-results-today-live-kotak-mahindra-bank-au-small-finance-bank-idfc",
        "published": "2026-10-24T03:55:41.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Kotak Mahindra Bank Q2 results: Consolidated PAT rises 26% YoY to Rs 5,645 crore; lender's NII up 16%",
        "url": "https://urgent.news/2026/10/24/kotak-mahindra-bank-q2-results-consolidated-pat-rises-26-yoy-to-rs-5",
        "published": "2026-10-24T08:24:37.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Kotak Mahindra Bank's Q2 consolidated net profit rises 26% to ₹5,645 crore",
        "url": "https://urgent.news/2026/10/24/kotak-mahindra-banks-q2-consolidated-net-profit-rises-26-to-5-645",
        "published": "2026-10-24T09:12:42.000Z"
      }
    ]
  },
  "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."
}