Kotak Mahindra Bank experienced a remarkable net profit surge of twenty-six percent in the June quarter. This impressive growth can be attributed to a significant decline in provisions that bolstered the bank's financial results. Additionally, net interest income rose by nine percent, while operating profit saw a ten percent increase.

Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings from HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank.…

Central Bank of India announced a thirteen percent net profit increase for the June quarter. Total income rose to Rs 10,678 crore, and interest earned improved significantly. …

Central Bank of India reports a 13% profit increase to ₹1,324 crore in Q1, alongside improved asset quality.

Axis Bank Q1 Results: The private lenders net interest income (NII), meanwhile, rose more than 8% YoY to Rs 14,646 crore during the first quarter of the ongoing financial year…

Axis Bank posted a 22.5% rise in Q1FY27 net profit to ₹7,114 crore as lower provisions offset higher funding costs and weaker non-interest income.

On a standalone basis, net profit of the bank stood at ₹4,122.96 crore in the June 2026 quarter, as compared to ₹3,281.68 crore in the year-ago period.

HDFC Bank Q1 Results: HDFC Bank reported a 5% YoY rise in Q1 FY27 standalone net profit to Rs 19,060 crore, while net interest income increased 7%. Profit beat Nomuras estimate…

MUMBAI: ICICI Bank reported a standalone net profit of Rs 14,804.50 crore for the quarter ended June 30, 2026, up 15.95 per cent from Rs 12,768.21 crore a year earlier, driven by…

MUMBAI: Kotak Mahindra Bank reported a standalone net profit of Rs 4,122.96 crore for the quarter ended June 30, 2026, up 25.6 per cent from Rs 3,281.68 crore a year earlier,…

Axis Bank’s Q1 net profit rises 23% to ₹7,114 crore, driven by strong margins and improved asset quality.

Kotak Mahindra Bank reports a 26% Q1 net profit rise, driven by strong growth in NII and deposits despite narrowing margins.

Axis, Kotak, and IDBI banks report profit growth due to lower provisions, while YES Bank shows strength in core earnings.