Kotak Mahindra Bank Ltd. 500247 shares inched down 0.43% to 1,886.40 Indian rupees Friday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 0.

India's Kotak Mahindra Bank on Saturday reported a 10% rise in quarterly profit as it boosted lending, although provisions for potential bad loans surged.

Shares of Kotak Mahindra Bank on Monday jumped more than 9 per cent after the firm posted a 10 per cent growth in its consolidated net profit at Rs 4,701 crore, aided by the performance of capital markets-linked arms. The stock surged 9.15 per cent to settle at Rs 1,919.60 apiece on the BSE. During the day, it zoomed 9.68 per cent to Rs 1,929.

In Q3FY25, Kotak Mahindra Bank reported a total income of ₹ 23,945.79 crore, up from ₹ 26,880.02 crore in Q2FY25 and ₹ 24,083.15 crore in Q3FY24. So, Kotak Mahindra Bank's total income has decreased year over year and quarter over quarter.

Five leading brokerages have upgraded Kotak Mahindra Bank to ‘buy’ following its Q3FY25 results, with target prices ranging from ₹2,020 to ₹2,111. The private sector lender reported a 10 per cent year-on-year increase in net profit at ₹3,305 crore for the third quarter.

Shares of Kotak Mahindra Bank Ltd. 500247 shed 1.18% to 1,894.60 Indian rupees Thursday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.

Kotak Mahindra Bank reported a 10% year-on-year increase in its standalone net profit for the quarter ending December 31, 2024, reaching ₹3,305 crore. This growth was driven by a 10% rise in net interest income (NII) to ₹7,