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BRIEF-Kotak Mahindra Bank March-qtr profit up about 40 pct
April 27, 2017 / 8:13 AM / 7 months ago

BRIEF-Kotak Mahindra Bank March-qtr profit up about 40 pct

April 27 (Reuters) - Kotak Mahindra Bank Ltd

* March quarter net profit 9.76 billion rupees versus net profit of 6.96 billion rupees year ago

* March quarter interest earned 44.32 billion rupees versus 42.65 billion rupees year ago

* March quarter provisions 2.67 billion rupees versus 2 billion rupees year ago

* March quarter gross NPA 2.59 percent versus 2.42 percent previous quarter

* March quarter net NPA 1.26 percent versus 1.07 percent previous quarter

* Says recommends dividend 0.6 rupee per share

* Consensus forecast for March quarter net profit was 9.38 billion rupees

* March quarter NIM 4.6 percent Source text for Eikon: Further company coverage:

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