Kotak Mahindra Bank Q2 profit falls 2% to ₹3,253 crore

Kotak Mahindra Bank Ltd reported a consolidated net profit of ₹3,253 crore for Q2 FY26, down 2.7 % year-on-year from ₹3,344 crore. Net interest income (NII) rose ~4 % but higher provisions and cost pressures weighed. The results highlight the cautious backdrop for private banking amid margin challenges and credit cost uncertainty. Analysts suggest that while NII growth shows resilience, investors will watch asset-quality trends and the bank’s capacity to restore RoA/RoE in the coming quarters.