The consolidated net profit for Q4 ended March 2011 stood at Rs 491 crore.
The consolidated total income rose to Rs 4,364 crore in Q4 from Rs 3,049 crore a year ago.
Much of the profit growth came from the banking business.
The net profit, on standalone basis, in Q4 rose to Rs 297 crore, from Rs 249 crore in Q4 of FY11.
Uday Kotak, vice-chairman and managing director, said the profit growth was subdued due to lower income from treasury and higher advertising expenditure.
The bank has been able to maintain quality of loans when the economy is going through tougher times. Gross NPAs declined to 1.31 per cent at end of March 2012 from 1.71 per cent a year ago, he said.
The consolidated net profit for year rose by 17 per cent to Rs 1,832 crore from Rs 1,567 crore. Total income grew to Rs 12,937 crore from Rs 10,997 crore.
Consolidated advances rose by 29 per cent to 53,144 crore at end of March 2012 from Rs 41,242 crore a year ago. The growth in loan book is expected to be 25-30 per cent in 2012-13, Kotak said.
The deposits of bank grew by 32 per cent to Rs 38,537 crore. The share of low-cost deposits — current account and savings account — was 32 per cent.
The net interest margin at consolidated level in March 2012 was 4.8 per cent as against 5.2 per cent a year ago.
The capital adequacy ratio, on a consolidated basis, was 17.9 per cent with tier-I of 16.5 per cent in March 2012.