Kotak Mahindra Bank posts Rs.1.5 bn profit in first quarter

July 28th, 2008 - 5:55 pm ICT by IANS  

Mumbai, July 28 (IANS) Leading finance service provider Kotak Mahindra Bank has announced a net profit of Rs.1.5 billion in the first quarter of this financial year, compared to Rs.1.46 billion in the same period the previous year, recording a growth of three percent. Total income in the latest quarter ending June 30 stood at Rs.14.87 billion, as against Rs.13.92 billion in the corresponding quarter last year, a seven percent increase.

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