Kotak Mahindra Bank announces Q2 results

Kotak Mahindra Bank Ltd has announced the following Unaudited results for the quarter ended September 30, 2009:

The Bank has posted a net profit of Rs 1259.093 million for the quarter ended September 30, 2009 as compared to Rs 478.653 million for the quarter ended September 30, 2008. Total Income has increased from Rs 8067.723 million for the quarter ended September 30, 2008 to Rs 8841.899 million for the quarter ended September 30, 2009.

The Unaudited Consolidated Results are as follows

The Group has posted a consolidated profit after tax of Rs 2997.668 million for the quarter ended September 30, 2009 as compared to Rs 1609.706 million for the quarter ended September 30, 2008. Total Income has increased from Rs 18495.163 million for the quarter ended September 30, 2008 to Rs 23129.130 million for the quarter ended September 30, 2009.