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Kotak Mahindra Bank net up 16% at Rs 384 cr

BS Reporter 

Kotak Mahindra Bank today has announced its unaudited posting a net profit after tax of 15.74 per cent at Rs 383.56 crore for the quarter ended December 31, 2010 as compared to Rs 331.39 crore for the same quarter a year ago, as filed in the press release with the Bombay Stock Exchange (BSE).

The Bank's total income has increased to Rs 2,668.47 crore for the quarter ended December 31, 2010, up 11.62 per cent from Rs 2,390.48 crore in the previous year's third quarter.

First Published: Thu, January 20 2011. 13:46 IST