- Standalone PAT for Q3FY26 at ₹ 3,446 crore, up 4% YoY and 6% QoQ
Hyderabad : The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the unaudited standalone and consolidated results for the quarter and nine-months ended December 31, 2025, at the Board meeting held in Hyderabad, today.
Consolidated results at a glance
Consolidated PAT for Q3FY26 stood at ₹ 4,924 crore, up 5% YoY from ₹ 4,701 crore in Q3FY25 (up 10% QoQ from ₹ 4,468 crore in Q2FY26). Q3FY26 consolidated PAT includes estimated incremental cost of ₹ 98 crore (post tax) pursuant to new Labour Code.
PAT of Bank and key subsidiaries given below:
| PAT (₹ crore) | Q3FY26 | Q3FY25 | Q2FY26 |
| Kotak Mahindra Bank | 3,446 | 3,305 | 3,253 |
| Kotak Securities | 431 | 448 | 345 |
| Kotak Asset Management & Trustee Company | 315 | 240 | 258 |
| Kotak Mahindra Prime | 250 | 218 | 246 |
| Kotak Mahindra Life Insurance | 162 | 164 | 49 |
| Kotak Mahindra Capital Company | 98 | 94 | 60 |
| Kotak Mahindra Investments | 87 | 107 | 120 |
| Kotak Alternate Asset Managers | 75 | 10 | 104 |
Consolidated Customer Assets which comprise Advances (incl. IBPC & BRDS) and Credit Substitutes grew to ₹ 598,780 crore as at December 31, 2025, up 15% YoY from ₹ 519,126 crore as at December 31, 2024.
Total Customer Assets Under Management as at December 31, 2025 grew to ₹ 787,950 crore, up 15% YoY from ₹ 685,134 crore as at December 31, 2024. The total Domestic MF AUM increased by 20% YoY to ₹ 586,610 crore as at December 31, 2025.
Consolidated Networth as at December 31, 2025 was ₹ 175,251 crore. The Book Value per Share increased to ₹ 176 as at December 31, 2025, up 15% YoY from ₹ 154 as at December 31, 2024 (computed based on subdivision of 1 equity share of face value of ₹ 5 each into 5 equity shares of ₹ 1 each with effect from 14th January, 2026).
At the consolidated level, Return on Assets (ROA) for Q3FY26 (annualized) was 2.10%. Return on Equity (ROE) for Q3FY26 (annualized) was 11.39%.
Consolidated Capital Adequacy Ratio as per Basel III as at December 31, 2025 was 23.3% and CET I ratio was 22.4% (including unaudited profits).
Average Liqudity Coverage Ratio stood at 135% for Q3FY26.
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