Kotak Mahindra Bank on Saturday reported a net profit of Rs 4,026.55 crore for the March quarter of FY26, marking a jump of 13.3% from Rs 3,552 crore posted in the corresponding quarter of the previous financial year.

Net interest income (NII) rose 8.1% year-on-year to Rs 7,876 crore, compared with Rs 7,284 crore in the same quarter last year.

Alongside Q4 results, the board has recommended a dividend of Rs 0.65 (65 paise) per equity share of face value Re 1 each for FY26, subject to shareholder approval at the upcoming Annual General Meeting.

The bank added that the record date, AGM date, and dividend payout timeline will be announced in due course.

MOre to come…