Kotak Mahindra Bank standalone results:
Highlights:-
Bank PAT for Q1FY15 increased to ` 430 cr from ` 403 cr in Q1FY14 up by 7%
Net Interest Income (NII) for Q1FY15 up 9% to ` 1,002 cr from ` 917 cr in Q1FY14
Advances as on June 30, 2014 were up 13% YOY to ` 56,922 cr (` 50,539 cr as on June 30, 2013). Without considering CV/CE, the growth in advances was 20% YoY
Restructured loans considered standard as on June 30, 2014 ` 145 cr 0.26 % of net advances (` 6 cr as June 30, 2013, 0.01% of net advances)
Savings deposits as on June 30, 2014 grew by 37% to ` 11,013 cr from ` 8,057 cr as on June 30, 2013
Deposits as on June 30, 2014 were up 17% YOY to ` 61,407 cr (` 52,454 cr as on June 30, 2013)
Capital adequacy ratio of the Bank including unaudited profits as per Basel III as on June 30, 2014 is 19.1% and Tier I ratio is 18.1%
The provision coverage ratio on non-performing assets as on June 30, 2014 is 57.2%
Bank had 614 full-fledged branches (445 branches as on June 30, 2013) across 356 locations and 1,123 ATMs
Consolidated results at a glance
Consolidated PAT for Q1FY15 increased to ` 698 cr from ` 627 cr in Q1FY14 up by 11%
Consolidated advances up 13% to ` 77,076 cr as on June 30, 2014 from ` 68,418 cr as on June 30, 2013. Without considering CV/CE, the growth in advances was 18% YoY
Consolidated NIM for Q1FY15 stood at 5.0% (Q1FY14 – 4.8%)
Consolidated capital adequacy ratio (CAR) including unaudited profits as per Basel III as on June 30, 2014 is 18.8%. Tier 1 ratio is 17.9%
Total assets managed / advised by the Group as on June 30, 2014 are ` 66,575 cr (` 62,759 cr as on June 30, 2013)
Highlights:-
Bank PAT for Q1FY15 increased to ` 430 cr from ` 403 cr in Q1FY14 up by 7%
Net Interest Income (NII) for Q1FY15 up 9% to ` 1,002 cr from ` 917 cr in Q1FY14
Advances as on June 30, 2014 were up 13% YOY to ` 56,922 cr (` 50,539 cr as on June 30, 2013). Without considering CV/CE, the growth in advances was 20% YoY
Restructured loans considered standard as on June 30, 2014 ` 145 cr 0.26 % of net advances (` 6 cr as June 30, 2013, 0.01% of net advances)
Savings deposits as on June 30, 2014 grew by 37% to ` 11,013 cr from ` 8,057 cr as on June 30, 2013
Deposits as on June 30, 2014 were up 17% YOY to ` 61,407 cr (` 52,454 cr as on June 30, 2013)
Capital adequacy ratio of the Bank including unaudited profits as per Basel III as on June 30, 2014 is 19.1% and Tier I ratio is 18.1%
The provision coverage ratio on non-performing assets as on June 30, 2014 is 57.2%
Bank had 614 full-fledged branches (445 branches as on June 30, 2013) across 356 locations and 1,123 ATMs
Consolidated results at a glance
Consolidated PAT for Q1FY15 increased to ` 698 cr from ` 627 cr in Q1FY14 up by 11%
Consolidated advances up 13% to ` 77,076 cr as on June 30, 2014 from ` 68,418 cr as on June 30, 2013. Without considering CV/CE, the growth in advances was 18% YoY
Consolidated NIM for Q1FY15 stood at 5.0% (Q1FY14 – 4.8%)
Consolidated capital adequacy ratio (CAR) including unaudited profits as per Basel III as on June 30, 2014 is 18.8%. Tier 1 ratio is 17.9%
Total assets managed / advised by the Group as on June 30, 2014 are ` 66,575 cr (` 62,759 cr as on June 30, 2013)
