Kotak Mahindra Bank gains on reporting 26% rise in Q2 consolidated net profit
Mumbai, October 26 (Udaipur Kiran): Kotak Mahindra Bank is currently trading at Rs. 438.90, up by 8.80 points or 2.05% from its previous closing of Rs. 430.10 on the BSE.
The scrip opened at Rs. 442.00 and has touched a high and low of Rs. 446.15 and Rs. 437.80 respectively. So far 427381 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 453.00 on 16-Oct-2026 and a 52 week low of Rs. 345.40 on 02-Apr-2026.
Last one week high and low of the scrip stood at Rs. 446.90 and Rs. 427.80 respectively. The current market cap of the company is Rs. 436214.59 crore.
The promoters holding in the company stood at 25.87%, while Institutions and Non-Institutions held 63.18% and 10.95% respectively.
Kotak Mahindra Bank has reported a 29.47% rise in its net profit at Rs 4,211.97 crore for the second quarter ended September 30, 2026 (Q2FY27), as compared to Rs 3,253.33 crore for the same quarter in the previous year. Total income increased by 17.88% to Rs 19,141.29 crore for Q2FY27 as compared to Rs 16,238.59 crore for the corresponding quarter of the previous year.
On a consolidated basis, the bank has reported a 26.34% rise in its net profit at Rs 5,645.38 crore for Q2FY27, as compared to Rs 4,468.27 crore for the same quarter in the previous year. Total income increased by 18.17% to Rs 29,426.88 crore for Q2FY27 as compared to Rs 24,901.39 crore for the corresponding quarter of the previous year.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
