Kotak Mahindra bank today announced its first quarter results. The bank's net profit went up by 72 per cent to Rs 257 crore in first quarter of FY10 compared to Rs 150 crore in the corresponding quarter last year on a consolidated basis.
Its net interest margin stood at 6 per cent in the first quarter of FY10.
Consolidated capital adequacy ratio includng current quarter profit as per basel II stood at 20.8 per cent as on June 30, 2009.
The group manages/ advises assets worth Rs 45,776 crore as on June30, 2009.