Kotak Mahindra Bank today has posted a profit after tax of Rs 416.10 crore for the quarter ended June 30, 2011, up 26.97% as compared to Rs 327.69 crore for the same quarter last year.
Total Income has increased by 16.35% to Rs 2709.64 crore for the June ended quarter from Rs 2,328.67 crore for the corresponding quarter a year ago.
Gross NPAs of the bank were posted at 1.59%.
Post results, the shares of Kotak Mahindra Bank were trading down by 2% at Rs 481 on BSE.