Kotak Mahindra Bank has posted a net profit for the period Q4 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, net profit rose 17.46% to Rs 491 crores in comparison to Rs 418 crores of Q4 (ending Mar 10) of previous year (FY09-10). Kotak Mahindra Bank Ltd. is one of India’s leading financial private banking institutions. The bank operates through 217 branch offices and 387 ATMs.
The bank has informed the share market (BSE/NSE) that the total income rose 2.78% to Rs 3027 crore in Q4 (ending Mar 2011) of the current fiscal (FY10-11) when compared with the same quarter Q4 (ending Mar 2010) of previous year (FY09-10). Total income was Rs 2945 crores in last year’s quarter Q4.
Share’s Data :-
BSE Code : 500247
Mkt. Cap: Rs 31,119.29 Crores
Kotak Mahindra Bank Ltd. share’s CMP is Rs 422.30 on 5th May 2011.
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