Kotak Mahindra Bank Limited (BOM:500247)

Kotak Mahindra Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest Income on Loans	473,081	562,366	421,511	337,406	328,198
Interest Income on Investments	183,607	-	-	-	-
Total Interest Income	656,688	562,366	421,511	337,406	328,198
Interest Paid on Deposits	282,746	225,672	144,111	115,535	129,665
Net Interest Income	373,943	336,694	277,399	221,871	198,533
Net Interest Income Growth (YoY)	11.06%	21.38%	25.03%	11.76%	12.97%
Gain (Loss) on Sale of Assets	-	71.38	107.78	264.3	386.56
Gain (Loss) on Sale of Investments	22,312	74,173	-5,009	16,950	49,727
Other Non-Interest Income	351,761	306,128	264,811	232,196	185,763
Total Non-Interest Income	374,073	380,373	259,910	249,411	235,877
Non-Interest Income Growth (YoY)	-1.66%	46.35%	4.21%	5.74%	39.64%
Revenues Before Loan Losses	748,016	717,067	537,309	471,281	434,410
Provision for Loan Losses	38,592	20,988	6,107	16,060	28,524
Revenue	709,423	696,079	531,202	455,221	405,885
Revenue Growth (YoY)	1.92%	31.04%	16.69%	12.16%	27.21%
Salaries and Employee Benefits	119,269	103,473	84,790	71,409	58,557
Occupancy Expenses	-	31,999	27,422	21,044	18,807
Selling, General & Administrative	366.9	23,856	19,312	11,941	17,075
Other Non-Interest Expense	337,931	299,380	204,925	199,699	179,762
Total Non-Interest Expense	455,764	456,344	335,005	302,518	273,329
EBT Excluding Unusual Items	253,659	239,735	196,198	152,703	132,556
Other Unusual Items	38,034	1,263	1,710	8,355	-
Pretax Income	291,693	240,998	197,907	161,058	132,556
Income Tax Expense	70,433	58,866	48,657	40,164	32,654
Earnings From Continuing Operations	221,260	182,132	149,250	120,894	99,902
Net Income	221,260	182,132	149,250	120,894	99,902
Preferred Dividends & Other Adjustments	-	385.1	405	405	405
Net Income to Common	221,260	181,747	148,845	120,489	99,497
Net Income Growth	21.48%	22.03%	23.46%	21.01%	16.25%
Basic Shares Outstanding	1,988	1,987	1,986	1,983	1,969
Diluted Shares Outstanding	1,988	1,987	1,986	1,984	1,970
Shares Change (YoY)	0.03%	0.07%	0.11%	0.69%	3.04%
EPS (Basic)	111.29	91.45	74.96	60.76	50.53
EPS (Diluted)	111.29	91.45	74.94	60.73	50.49
EPS Growth	21.70%	22.03%	23.40%	20.28%	13.00%
Dividend Per Share	2.500	2.000	1.500	1.100	0.900
Dividend Growth	25.00%	33.33%	36.36%	22.22%	-
Effective Tax Rate	24.15%	24.43%	24.59%	24.94%	24.63%

Updated Jan 18, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.