Millennium Post

Kotak Mahindra Bank net up 16%

Kotak Mahindra Bank on Thursday reported 16 per cent rise in its net profit at Rs 502.17 crore for the July-September period of the current fiscal.

The profit in the same quarter a year ago was Rs 432.58 crore.

The total income of the bank rose to Rs 4,035.75 crore in the quarter, up from Rs 2,740.84 crore in the year-ago period, the company said in a filing to BSE.

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