Kotak Mahindra Bank Q2 net profit rises 26% to ₹5,645 crore

Kotak Mahindra Bank posted a 26% year-on-year rise in net profit to ₹5,645.38 crore for the September quarter, helped by higher income and improved asset quality. The result beat analysts' estimates compiled by LSEG but fell short of domestic brokerages, which had projected growth of 27-32%.