KMB consolidated PAT for Q3FY07 up 107% YoY to Rs 170cr

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The Board of Directors of Kotak Mahindra Bank took on record the unaudited consolidated and stand-alone results for Q3FY07, at a board meeting held in Mumbai, today.

 

Unaudited consolidated results at a glance

                                                            Rs. Crore

 

	Q3FY07	Q3FY06	Growth	YTD Dec 06	YTD Dec 05	Growth	*FY06
Total income	1,190.59	653.57	82%	2,870.68	1,728.98	66%	2,980.70
NII	261.01	163.67	59%	691.04	463.83	49%	664.91
Other income	662.77	355.06	87%	1,511.50	903.63	67%	1,669.64
Profit after tax	169.58	81.81	107%	367.91	211.65	74%	342.46
EPS Rs. (diluted)#	5.16	2.62	97%	11.27	6.62	70%	11.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* excluding extraordinary items             # non annualised

 

Consolidated profit after tax (PAT) for Q3FY07 was up 107% YOY to Rs. 169.58 crore from Rs 81.81 crore. Consolidated PAT for the nine month period ended December 31, 06 grew by 74% to Rs. 367.91 crore from Rs. 211.65 crore.

 

Consolidated total income for Q3FY07 was up 82% to Rs. 1,190.59 crore as compared to Rs. 653.57 crore in Q3FY06.

 

During Q3FY07, consolidated other income increased 87% to Rs. 662.77 crore from Rs. 355.06 crore in Q3FY06. Significant contributors to the growth in fee income were securities broking income, fees from investment banking, fees from distribution of financial products, asset management fees and premium income from life insurance business.

 

Consolidated advances were up 53% to Rs. 13,714 crore as on December 31, 2006 (Rs. 8,987 crore as on December 31, 2005) with retail loans comprising 85% of the portfolio. Consolidated NIMs were 5.2% for Q3FY07 (5.1% in Q3FY06).

 

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