Kotak Mahindra Bank Q2 Results

Kotak Mahindra Bank Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Bank has posted a net profit of Rs 753.81 million for the quarter ended September 30, 2007 as compared to Rs 348.01 million for the quarter ended September 30, 2006. Total Income has increased from Rs 3576.40 million for the quarter ended September 30, 2006 to Rs 7141.64 million for the quarter ended September 30, 2007.

The Consolidated results are as follows:

Consolidated Profit after tax attributable to the Group of Rs 2414.55 million for the quarter ended September 30, 2007 as compared to Rs 939.01 million for the quarter ended September 30, 2006. Total Income has increased from Rs 9034.98 million for the quarter ended September 30, 2006 to Rs 18117.85 million for the quarter ended September 30, 2007.