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Kotak Mah Bank Q4 cons net up 41% at Rs 240 cr
Published on Fri, May 09 at 13:55 , Updated at Fri, May 23 at 12:54
Source : CNBC-TV18
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Kotak Mahindra Bank reported Q4FY08 consolidated net profit of Rs 240 crore (CNBC-TV18 estimated at Rs 221.27 crore) as against Rs 170.33 crore in same period of last year, a growth of 40.9% and net interest income of Rs 636.24 crore (Rs 445.33 crore) versus Rs 328.99 crore, up 93.39% YoY. Q4FY08 total income increased by 30.57% to Rs 1426.44 crore from Rs 1426.44 crore. For FY08, the company reported 84.15% growth in its net profit of Rs 991.13 crore (Rs 972.4 crore) versus Rs 538.24 crore and net interest income went up by 74.9% to Rs 1831.91 crore (Rs 1641 crore) from Rs 1047.35 crore. Fiscal year 07-08 net non performing assets, NPAs stood at 1.78% and gross NPAs at 2.88%.
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in Kotak Mahindra - fekamfaak at 06-Sep-08 12:27
IDFC - quick short term profit of 12-15%
Invest in IDFC for a quick short term profit of 12-15%. Happy investing Cheers....
in Kotak Mahindra - fekamfaak at 06-Sep-08 12:27
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