Kotak Mahindra Bank posts Rs.1.5 Bn profit in first quarter

Kotak Mahindra Bank posts 1.5 Bn profit in first quarter

Monday, 28 July 2008, 07:00 Hrs
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Mumbai: Leading finance service provider Kotak Mahindra Bank has announced a net profit of 1.5 billion in the first quarter of this financial year, compared to 1.46 billion in the same period the previous year, recording a growth of three percent.

Total income in the latest quarter ending June 30 stood at 14.87 billion, as against 13.92 billion in the corresponding quarter last year, a seven percent increase.
Source: IANS
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