Kotak Mahindra Bank Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
For the nine months, on consolidated basis, the company reported interest earned of INR 98,018.5 million against INR 89,536.0 million a year ago. Total income was INR 152,504.9 million against INR 124,534.6 million a year ago. Operating profit before provisions and contingencies was INR 33,144.6 million against INR 30,251.9 million a year ago. Profit from ordinary activities before tax was INR 31,868.2 million against INR 27,156.3 million a year ago. Profit after tax was INR 21,328.5 million against INR 18,016.8 million a year ago. Diluted EPS before and after extraordinary items was INR 27.60 compared to INR 23.51 a year ago. Return on assets (average) (not annualized) was 1.62% against 1.55% a year ago.
For the quarter, on standalone basis, the company reported interest earned of INR 25,001.0 million against INR 21,923.0 million a year ago. Total income was INR 29,942.0 million against INR 24,920.1 million a year ago. Operating profit was INR 73,757 million against INR 5,847.3 million a year ago. Profit from ordinary activities before tax was INR 7,076.5 million against INR 5,149.9 million a year ago. Net profit for the period was INR 4,645.2 million against INR 3,399.8 million a year ago. Diluted EPS before and after extraordinary items was INR 6.01 compared to INR 4.41 a year ago. Return on assets (average) (not annualized) was 0.48% against 0.41% a year ago.
For the nine months, on standalone basis, the company reported interest earned of INR 71,389.3 million against INR 65,546.4 million a year ago. Total income was INR 84,992.4 million against INR 76,138.7 million a year ago. Operating profit was INR 21,367.3 million against INR 19,700.5 million a year ago. Profit from ordinary activities before tax was INR 20,391.7 million against INR 16,591.6 million a year ago. Net profit for the period was INR 13,388.4 million against INR 10,953.4 million a year ago. Diluted EPS before and after extraordinary items was INR 17.33 compared to INR 14.29 a year ago. Return on assets (average) (not annualized) was 1.46% against 1.32% a year ago.