Kotak Mahindra Bank Results

Kotak Mahindra Bank reported Q4FY08 consolidated net profit of Rs 240 crore as against Rs 170.33 crore in same period of last year, a growth of 40.9% and net interest income of Rs 636.24 crore (Rs 445.33 crore) versus Rs 328.99 crore, up 93.39% YoY.Q4FY08 total income increased by 30.57% to Rs 1426.44 crore from Rs 1426.44 crore. For FY08, the company reported 84.15% growth in its net profit of Rs 991.13 crore (Rs 972.4 crore) versus Rs 538.24 crore and net interest income went up by 74.9% to Rs 1831.91 crore (Rs 1641 crore) from Rs 1047.35 crore.