Kotak Mahindra Bank Ltd. announced its fourth-quarter results on Saturday, May 2, 2026, revealing a robust double-digit growth in its bottom line for the final quarter of the fiscal year 2026. The private sector lender posted a standalone net profit of Rs 4,026.55 crore for the quarter ended March 31, 2026, a significant 13.4% gain compared to Rs 3,551.74 crore reported in the corresponding quarter last year.
Strong Income and Reduced Provisions
The bank's standalone total income for Q4 FY26 climbed to Rs 17,291.10 crore, up from Rs 16,712.23 crore in the same period last year. Interest earned also saw a steady increase, reaching Rs 14,174.77 crore compared to Rs 13,529.77 crore in Q4 FY25. Adding to the positive financial performance, provisions and contingencies for the quarter saw a notable drop to Rs 516.42 crore from Rs 909.38 crore a year ago, indicating improved risk management.
Improved Asset Quality
On the asset quality front, Kotak Mahindra Bank demonstrated significant improvement. The gross non-performing assets (NPA) dropped to 1.20% (equivalent to Rs 6,017.81 crore) of gross advances as of March 31, 2026. This is an improvement from 1.42% (Rs 6,133.85 crore) recorded at the end of March 2025. Similarly, net NPA also eased to 0.25% (Rs 1,262.51 crore) from 0.31% (Rs 1,343.44 crore) over the same period, reflecting healthier loan book management.
Dividend Announcement and Stock Split Context
The company board has proposed a dividend payout of Rs 0.65 per share, with a face value of Re 1, for the year ended March 31, 2026. Investors should note that this dividend figure is adjusted following the bank's recent stock split. The split, which took effect on January 14, 2026, saw one equity share with a face value of Rs 5 sub-divided into five shares of Re 1 each.