Kotak Mahindra Bank reported a standalone net profit of Rs 4,212 crore for the quarter ended September 30, a 29.5 per cent rise. The lender’s net interest income grew 15.7 per cent to Rs 8,459 crore. The bank also showed better asset quality as gross bad loans fell to 1.04 per cent.

Kotak Mahindra Bank Q2 FY27 Results: The lender's net interest income -- the difference between interest earned and interest paid -- grew 15.7 per cent on year to Rs 8,459 crore, exceeding Street estimates.

Kotak Mahindra Bank Q2 FY27 Results: Mumbai-headquartered private sector lender Kotak Mahindra Bank on Saturday reported a standalone net profit of Rs 4,212 crore for the quarter ended September 30, marking a 29.5 per cent rise over the corresponding period a year ago that almost met analysts' expectations.

Its net interest income -- the difference between interest earned and interest paid -- grew 15.7 per cent on year to Rs 8,459 crore, according to a regulatory filing.

NII exceeded Street estimates.

According to Zee Business research, Kotak Bank was estimated to report a net profit of Rs 4,290 crore with NII of Rs 8,330 crore.

The private bank staged an improvement in asset quality.

Its gross non-performing assets (GNPAs) -- or gross bad loans -- stood at 1.04 per cent of total loans in the September quarter versus 1.18 per cent in the previous three months and 1.39 per cent in the second quarter of FY26.

Net non-performing assets (NNPAs) were recorded at 0.24 per cent in Q2 of FY27 as against 0.27 per cent in Q1 of FY27 and 0.32 per cent in Q2 of FY26.

AI-powered market intelligence platform Kwala Intel has a bullish outlook on Kotak Mahindra Bank from a near-term perspective, suggesting entry at Rs 430.50-431.39 for targets of Rs 457.42 and Rs 462.93 with a stop loss at Rs 417.61 over the next 1-5 sessions.

However, the trend is weak and choppy with the engine offering a short-term long, not a 4-8-week swing setup, according to Kwala Intel, which enables users to interpret market data in real time to make actionable decisions.

Asked about specific resistance and support levels, Kwala Intel suggested treating Rs 427.70 as the nearest observed support and Rs 439.40 as the nearest observed resistance.

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Kotak Mahindra Bank closed Friday at ₹430.50, between the session low of ₹427.70 and high of ₹439.40. Treat ₹427.70 as the nearest observed support and ₹439.40 as the nearest observed resistance -- not confirmed multi-session swing levels. A move beyond either boundary would need follow-through to establish direction.