Kotak Mahindra Bank Reports Strong Growth in Q4 and FY2024

Kotak Mahindra Bank, a leading Indian private sector lender, has announced its financial results for the fourth quarter and full fiscal year 2023-24, demonstrating robust growth across key financial metrics. In Q4, the bank reported an 18% year-over-year increase in standalone net profit to ₹4,133 crore, driven by a surge in total income. For the full year, net profit rose by a significant 26% to ₹13,782 crore, while total income jumped 35% to ₹56,072 crore.

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