Kotak Mahindra Q3FY08 Results

Kotak Mahindra Bank Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Bank has posted a net profit of Rs 1016.66 million for the quarter ended December 31, 2007 as compared to Rs 454.01 million for the quarter ended December 31, 2006. Total Income has increased from Rs 4525.32 million for the quarter ended December 31, 2006 to Rs 8871.90 million for the quarter ended December 31, 2007.

The Consolidated results are as follows:

Consolidated Profit after tax of Rs 3637.33 million for the quarter ended December 31, 2007 as compared to Rs 1695.77 million for the quarter ended December 31, 2006. Total Income has increased from Rs 11905.95 million for the quarter ended December 31, 2006 to Rs 24827.16 million for the quarter ended December 31, 2007.