Kotak Mahindra Bank Announces Results; Consolidated PAT For Q1FY26 At ₹ 4,472 Crore

 The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the unaudited standalone and consolidated results for the quarter ended June 30, 2025, at the Board meeting held in Mumbai, today.

Consolidated results at a glance

Consolidated PAT for Q1FY26 increased to ₹ 4,472 crore, up 1% YoY from ₹ 4,435 crore in Q1FY25 (excluding gain of KGI divestment in Q1FY25).

Consolidated Customer Assets which comprises Advances (incl. IBPC & BRDS) and Credit Substitutes grew to ₹ 557,369 crore as at June 30, 2025, up 13% YoY from ₹ 494,105 crore as at June 30, 2024.

 

Total Assets Under Management as at June 30, 2025 grew to ₹ 750,143 crore , up 18% YoY from ₹ 636,311 crore as at June 30, 2024. The Domestic MF Equity AUM increased by 22% YoY to ₹ 357,323 crore as at June 30, 2025.

 

Consolidated Networth as at June 30, 2025 was ₹ 164,903 crore. The Book Value per Share increased to ₹ 829 as at June 30, 2025, up 17% YoY from ₹ 710 as at June 30, 2024.

 

At the consolidated level, Return on Assets (ROA) for Q1FY26 (annualized) was 2.03%. Return on Equity (ROE) for Q1FY26 (annualized) was 11.13%.

 

Consolidated Capital Adequacy Ratio as per Basel III as at June 30, 2025 was 23.7% and CET I ratio was 22.7% (including unaudited profits).

 

Average Liquidity Coverage Ratio stood at 138% for Q1FY26.

 

Kotak Mahindra Bank standalone results

 

Average advances (incl. IBPC & BRDS) for Q1FY26 grew at 14% YoY.

 

Net Advances increased 14% YoY to ₹ 444,823 crore as at June 30, 2025 from ₹ 389,957 crore as at June 30, 2024.

 

Unsecured retail advances (incl. retail microcredit) as a % of net advances stood at 9.7% as at June 30, 2025

 

Average Total Deposits grew to ₹ 491,998 crore for Q1FY26, up 13% YoY from ₹ 435,603 crore for Q1FY25.

Average Current Deposits grew to ₹ 67,809 crore for Q1FY26, up 9% YoY from ₹ 62,200 crore for Q1FY25.

Average Savings Deposits grew to ₹ 124,186 crore for Q1FY26, up 2% YoY from ₹ 122,105 crore for Q1FY25.

Average Term Deposits grew to ₹ 300,003 crore for Q1FY26, up 19% YoY from ₹ 251,298 crore for Q1FY25.

 

CASA ratio as at June 30, 2025 stood at 40.9%. TD sweep balance grew 23% YoY to ₹ 59,098 crore.

Cost of funds was 5.01% at Q1FY26.

 

Credit to Deposit ratio as at June 30, 2025 stood at 86.7%.

Customers as on June 30, 2025 were 5.4 crore (5.1 crore as on June 30, 2024).

Net Interest Income (NII) for Q1FY26 increased to ₹ 7,259 crore, up 6% YoY from ₹ 6,842 crore in Q1FY25.

Net Interest Margin (NIM) was 4.65% for Q1FY26.

Fees and services for Q1FY26 stood at ₹ 2,249 crore (₹ 2,240 crore in Q1FY25).

Operating profit for Q1FY26 increased to ₹ 5,564 crore, up 6% YoY from ₹ 5,254 crore in Q1FY25.

The Bank’s PAT for Q1FY26 stood at ₹ 3,282 crore (₹ 3,520 crore in Q1FY25 excluding gain of KGI divestment).

As at June 30, 2025, GNPA was 1.48% & NNPA was 0.34% (GNPA was 1.39% & NNPA was 0.35% at June 30, 2024). As at June 30, 2025, Provision Coverage Ratio stood at 77%.

Standalone Return on Assets (ROA) for Q1FY26 (annualized) was 1.94%. Return on Equity (ROE) for Q1FY26 (annualized) was 10.94%.

Capital Adequacy Ratio of the Bank, as per Basel III, as at June 30, 2025 was 23.0% and CET1 ratio of 21.8% (including unaudited profits)

The financial statements of Indian subsidiaries (excluding insurance companies) and associates are prepared as per Indian Accounting Standards in accordance with the Companies (Indian Accounting Standards) Rules, 2015. The financial statements of subsidiaries located outside India are prepared in accordance with accounting principles generally accepted in their respective countries. However, for the purpose of preparation of the consolidated financial results, the results of subsidiaries and associates are in accordance with Generally Accepted Accounting Principles in India (‘GAAP’) specified under Section 133 and relevant provision of Companies Act, 2013.

About Kotak Mahindra Group

Established in 1985, Kotak Mahindra Group is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank - Kotak Mahindra Bank Ltd (KMBL).

 

Kotak Mahindra Group (Group) offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life and general insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The premise of Kotak Mahindra Group’s business model is concentrated India, diversified financial services. The bold vision that underscores the Group’s growth is an inclusive one, with a host of products and services designed to address the needs of the unbanked and insufficiently banked.

 

Kotak Mahindra Group has a global presence through its subsidiaries in UK, USA, Gulf Region, Singapore and Mauritius with offices in London, New York, Dubai, Abu Dhabi, Singapore and Mauritius respectively. As on 30th June 2025, Kotak Mahindra Bank Ltd has a national footprint of 2,154 branches and 2,927 ATMs (incl. cash recyclers), and branches in GIFT City and DIFC (Dubai).

 

For more information, visit the Company’s website at https://www.kotak.com

Samsung Galaxy Z Fold7, Z Flip7, Z Flip7 FE, Watch8, Watch8 Classic Go On Sale In India Starting Today

Samsung, India’s largest consumer electronics brand, today announced the sale of its seventh-generation foldable smartphones —Galaxy Z Fold7, Galaxy Z Flip7, Galaxy Z Flip7 FE along with Galaxy Watch 8 series for customers in India. Starting today, Galaxy Z Fold7, Galaxy Z Flip7, Z Flip7 FE and Galaxy Watch8 series will be available across retail outlets near you. Consumers can also purchase the devices on Samsung.com, Amazon and Flipkart. 

Galaxy Z Fold7, Galaxy Z Flip7 and Galaxy Flip7 FE have proved to be a huge success, receiving record pre-orders, signaling huge consumer demand and excitement for the brand’s seventh generation of foldable smartphones. Galaxy Z Fold7, Galaxy Z Flip7 and Galaxy Z Flip7 FE secured 210,000 pre-orders in the first 48 hours, breaking previous records, and nearly equaling the pre-orders received for Galaxy S25 series,earlier this year.

 

Galaxy Z Fold7 and Z Flip7: Ultra-Thin and Light With Intuitive Intelligence

 

Refined by years of breakthrough engineering and elevated with advanced intelligence, Galaxy Z Fold7 and Z Flip7 represent the next leap in smartphone innovation. Galaxy Z Fold7 and Z Flip7 are Samsung’s thinnest, lightest and most advanced Z series devices yet. Powered by cutting-edge performance and seamlessly integrated Galaxy AI, they are intelligent, adaptive companions that anticipate and respond to user needs in real time. With expansive, flexible displays, pro-grade cameras and context-aware intelligence, Galaxy Z Fold7 and Z Flip7 open up new realms of ultra-experience with productivity, creativity and connection.

 

Galaxy Z Fold7 brings Galaxy advancements together and broadens their scope, delivering an ultra-level experience in the thinnest, lightest and most advanced Z series yet. It offers immersive, high-octane performance on an expansive screen, empowering users to game, stream, connect and create all at once. Galaxy’s true AI companion experience has also been optimized for the foldable format, enabling fluid interactions across more apps and the larger screen. And with camera and screen sharing with Gemini Live, users can talk naturally to Gemini about what they’re viewing. They can simply share a picture of a local delicacy while they’re exploring a new city and ask Gemini whether there is a nearby restaurant where they can try it.

 

Plus, Galaxy Z Fold7’s ultra-grade 200 MP high-resolution camera gives the freedom to shoot at flexible angles, putting professional-quality content creation at users’ fingertips. For example, convenient editing features like Generative Edit now automatically detect passersby in the background of photos and proactively recommend what to remove, eliminating the need to make manual selections and edits. Apart from these features, Galaxy Z Fold7 brings familiarity and durability in a head-turning new design that unfolds into something extraordinary. 

 

As for Galaxy Z Flip7, it distills flagship power, intelligence and personality into a compact and iconic form. With its edge-to-edge FlexWindow, users can express themselves, access key features at a glance, and stay connected — all without opening the device. Built for dynamic lifestyles, Galaxy Z Flip7 transforms the way users capture and share content, from flawless selfies to cinematic video, all with the agility and creativity only Flip devices can offer. Now Bar delivers helpful information right on Galaxy Z Flip7’s FlexWindow to help users stay in control of their day, such as what song is playing, workout progress and even rideshare ETAs at a glance. Gemini Live also allows users to share what they see through their camera and chat with Gemini in real time directly on FlexWindow.

 

Users can also simply share the camera in Flex Mode and converse with Gemini hands-free. Galaxy Z Flip7’s FlexCam makes it easier than ever to capture the perfect selfie. Real-time filters on the FlexWindow instantly enhance users FlexCam selfies, so that they can be ready to post or share without the need for any extra editing. And with fun new features like Portrait Studio for pets, users can instantly transform any snapped or downloaded pet photo into a work of art. They can choose from styles that resemble artistic paintings, 3D cartoons, fisheye lens photos or professional-quality portraits, and create frame-worthy masterpieces with one quick tap.

 

Galaxy Watch8 Series: Ultra-Comfort Meets Real-Time Health Motivation

 

Completing the Galaxy ecosystem, the Galaxy Watch8 series — including Galaxy Watch8 and Galaxy Watch8 Classic — brings the same spirit of re-engineering found in the new phones to the wrist. Galaxy Watch8 features advanced sensor technology and creates an intuitive AI-powered experience to help users fulfill a healthier, more connected life, while its ultra-thin cushion design and Dynamic Lug system flex naturally for all-day comfort and more precise sensor contact. Leveraging Samsung’s BioActive Sensor for continuous health tracking, the watches deliver real-time insights and instant rewards or alerts across sleep, stress, nutrition and activity, turning healthy intentions into immediate, motivating feedback. Plus, for the first time in a smartwatch, Galaxy Watch8 has introduced the Antioxidant Index, enabling users to measure carotenoid levels in just five seconds and make informed lifestyle choices for healthy aging.

Kronenbourg 1664 Blanc Brings A Taste Of French Elegance To Karnataka

Kronenbourg 1664 Blanc, the iconic French beer, is officially launched in Karnataka, bringing its signature style and refreshing taste to Bengaluru’s dynamic and evolving beer scene. Known for its elegant blue bottle and crisp citrus flavours, 1664 Blanc introduces a refined yet playful twist to the super-premium beer segment.

Crafted with French finesse, 1664 Blanc offers a delicately balanced flavor profile. With an ABV of under 5%, the beer is light and smooth, featuring subtle hints of citrus, exotic fruits, coriander, and white peach. It’s refreshing character, combined with a whisper of flavour from fine hops, creates a uniquely enjoyable drinking experience. It is perfect for warm evenings, celebrations, or casual moments of indulgence.

Partha Sarathi Jha, VP Marketing, Carlsberg India, commented on the launch:
"We are thrilled to bring 1664 Blanc to Karnataka, a region that continues to embrace global lifestyle trends and premium experiences. With its French heritage, iconic blue packaging, and unmistakable flavour, 1664 Blanc stands for Good Taste with a Twist. We are confident it will resonate with consumers seeking sophistication, quality, and a touch of flair."

As Indian consumers increasingly explore beers that offer meaning and experience, 1664 Blanc appeals to a new generation of connoisseurs with global palates. Whether enjoyed with gourmet food, amidst the energy of city nightlife, or during festive gatherings, the brand represents the perfect harmony of elegance and fun.

Already available in select states including Maharashtra, Goa, and Chandigarh, 1664 Blanc is now making its way into Karnataka’s finest bars, upscale restaurants, and premium retail outlets. As the super-premium beer category gains momentum across India, Kronenbourg 1664 Blanc is poised to be a standout favorite among discerning drinkers.

A Legacy of Excellence Since 1664

Kronenbourg’s story began in 1664, when Jérôme Hatt, a newly certified Master Brewer, crafted his first brew in Strasbourg, France. Today, 1664 Blanc continues that legacy, brewed with high-quality ingredients including the rare Strisselspalt hops, known as the "caviar of hops" and its signature citrus twist. With a presence in over 70 countries, 1664 Blanc is celebrated globally for its refined taste and unmistakable style.  

About Carlsberg India

Carlsberg India is a wholly owned subsidiary of the Carlsberg Group, one of the world’s most respected brewing companies, headquartered in Denmark. With a legacy that spans over 178 years, the Carlsberg Group is governed by the Carlsberg Foundation, a not-for-profit entity that reinvests dividends into advancing science, the arts, and sustainable development globally. This unique ownership structure reflects the Group’s purpose: Brewing for a Better Today and Tomorrow.

Carlsberg India was established in 2007 and has since become a key player in India’s premium and super-premium beer segments. The company operates eight state-of-the-art breweries across the country and collaborates with a network of contract manufacturing partners to ensure wide-reaching availability and consistent quality. Its diverse portfolio of brands caters to a broad spectrum of Indian beer lovers, featuring offerings such as Carlsberg Smooth, Carlsberg Elephant, Tuborg Green, Tuborg Strong, Tuborg Ice Draft, Tuborg Classic, and the iconic 1664 Blanc.

Rooted in a pioneering spirit, Carlsberg’s legacy of scientific innovation includes landmark contributions like the invention of the pH scale and advancements in yeast purification, innovations that continue to influence brewing science to this day. This deep commitment to quality and research remains central to Carlsberg India’s brewing philosophy.

Aligned with the Carlsberg Group’s global ESG strategy, Together Towards ZERO and Beyond, Carlsberg India is actively driving sustainability efforts across its operations. The company is advancing towards a ZERO Farming Footprint by promoting regenerative agriculture, enhancing soil health, and minimizing environmental impact in its supply chain. Other core pillars of the program include ambitions for ZERO Carbon Footprint, ZERO Water Waste, ZERO Packaging Waste, and ZERO Irresponsible Drinking, along with a strong focus on building a ZERO Accidents Culture within its workforce.

With a strong foundation in heritage, innovation, and sustainability, Carlsberg India continues to bring world-class beer experiences to Indian consumers while contributing meaningfully to the planet and society.

TVS Motor Company Launches The TVS NTORQ 125 Super Soldier Edition Inspired By Marvel Avengers

TVS Motor Company, a global leader in two and three-wheeler manufacturing, today announced the launch of the TVS NTORQ 125 Super Soldier Edition in the Marvel Avengers Super Squad series. This edition adds to the exciting line-up of the TVS NTORQ Super Squad series, which features some of Marvel’s most beloved Super Heroes.

Building on the successful collaboration with Marvel, the TVS NTORQ journey of re-creating legendary characters continues with the launch of the Super Soldier Edition, a bold reimagination of the fan-favourite Captain America. This edition elevates the style quotient of the TVS NTORQ with a striking camo inspired theme, designed to captivate the GenZ riders.

 

TVS NTORQ 125 is the first Bluetooth-connected SMART scooter (SmartXonnect™) in India and has been a preferred choice for riders, known for its high performance, sporty styling and tech-first features. The Captain America Edition, originally introduced in 2020 as part of the TVS NTORQ Super Squad line-up, captured the imagination of Marvel fans across the country. The refreshed Super Squad Edition features bold graphics and design elements that elevate the scooter’s sporty and dynamic character.

 

The new TVS NTORQ 125 Super Soldier Edition is priced at Rs. 98,117/- (Ex-showroom Delhi) and will be available across all TVS Motor Company dealerships starting this month.

Nobel Prize Dialogue Comes To India: Tata Trusts To Host Exclusive Double Event In Bengaluru And Mumbai

 In November 2025, the Nobel Prize Dialogue will come to India in exclusive partnership with the Tata Trusts, for a special double event in Bengaluru and Mumbai. The dialogue brings Nobel Prize laureates together with leading thinkers to explore ideas and challenges that matter to all of us. With the theme, ‘The future we want’, the India dialogues will reflect on how investment in knowledge, creativity, and our young people can build a world of joy, wonder, and innovation that is more inclusive, sustainable, and equitable. These conversations will be grounded in India’s rich intellectual tradition and will showcase its emergence as a leading player on the global stage.

The events will feature Nobel Prize laureates David MacMillan (chemistry 2021) and James Robinson (economic sciences 2024), joined by voices from science, business, and policymaking. Each dialogue will explore pathways to a future shaped by shared values and informed by evidence. Hosted in collaboration with Nobel Prize Outreach, Nobel Prize Dialogue India 2025 aims to foster open exchange, inspire the next generation, and deepen the connection between science and society.

 

About Tata Trusts

Established in 1892, the Tata Trusts are India’s oldest and amongst Asia's largest philanthropic institutions. They have played a pioneering role in bringing about an enduring difference in the lives of the communities they serve, advancing equity, resilience, and shared progress. Inspired by the vision of the Founder Jamsetji Tata and guided by a legacy of proactive philanthropy, the Tata Trusts work to catalyse systemic and sustainable change across diverse areas by building institutions, strengthening public systems, and accelerating socio-economic development in a wide variety of areas- healthcare; nutrition; education; water, sanitation and hygiene; urban and rural livelihoods, amongst others. The Trusts build meaningful solutions, bridging tradition and innovation, through collaborations that nurture grassroots efforts, empower change makers, and touch lives across India.

For more information please visit: www.tatatrusts.org

Tyaani Jewellery By Karan Johar Gives Back To Customers With Record Gold Savings

* Purchase handcrafted gold jewellery at exclusive, reduced gold rates

* Customers can save approximately ₹1455 off per gram for 22KT and ₹1292 off per gram for 18KT hallmarked gold

* Offer valid till 15th August 2025 across all showrooms and online

 

 

Tyaani Jewellery by Karan Johar, one of India’s leading jewellery brands, ushers in the festive season with the launch of its biggest-ever Assured Gold Offer, giving customers a rare opportunity to buy handcrafted fine jewellery at significantly reduced gold rates compared to the rising market prices.

 

Valid till 15th August 2025, this limited-period offer allows buyers to shop at exclusive prices and enjoy unmatched savings. The offer is available at the following rates:

 

Gold Type	Market Price (Approx.)	Tyaani Offer Price	Savings
22KT	INR 9255/gm	INR 7800/gm	~15.7%
18KT	INR 7592/gm	INR 6300/gm	~17%

 

With gold prices witnessing a surge of nearly 10% every few months, this offer gives customers a timely advantage. Buyers can lock in prices at nearly ₹1455 off per gram for 22KT and ₹1292 off per gram for 18KT gold.

 

The brand forecasts and plans their festive season offerings much in advance, enabling them to pass on the benefit to their valuable customers. With a commitment to offering genuine value to its customers, Tyaani consciously chooses not to hedge its gold with banks. This business approach allows the brand to pass on the original procurement and manufacturing costs directly to its customers. This strategy ensures significant cost benefits for Tyaani’s loyal customers and new buyers.

 

After receiving an overwhelming response to a similar initiative last year, Tyaani brings back this festive benefit while staying true to its vision of making luxury more accessible. This offer is only applicable on syndicate uncut diamond or Polki jewellery.

 

Tyaani’s latest collection offers a wide range of handcrafted fine jewellery designed for everyday wear, special occasions, and everything in between. The brand continues to blend legacy craftsmanship with modern silhouettes that appeal to today’s generation rooted in authenticity, individuality, and purpose.

 

Speaking on the offer, Karan Johar, Founder, Tyaani Jewellery:

“At Tyaani, we believe jewellery is not just an accessory but it’s a story, a celebration, an heirloom in the making. With Tyaani’s Assured Gold Offer, we want to make these stories more accessible by offering real value without compromising on craftsmanship or authenticity. It’s our way of sharing the festive joy with every customer who chooses to celebrate with Tyaani.”

 

This initiative reflects Tyaani’s customer-first approach that is rooted in pricing clarity, fair value, and a conscious effort to simplify the fine jewellery buying experience for today’s discerning and value-aware shopper.

 

The offer is available across all its showrooms nationwide and online www.tyaani.com.

Sony India Enters Super Large-Screen Segment With 98-Inch BRAVIA 5 Mini-Led For ‘Cinema Is Coming Home’ Experience

Sony India today announced the launch of its highly anticipated 249 cm (98) BRAVIA 5, the largest and most immersive addition to its iconic BRAVIA television lineup. The BRAVIA 5 isn’t just a television — it’s a cinematic canvas engineered for pure visual indulgence. Its expansive 98-inch screen delivers breathtaking scale, while the Cognitive Processor XR adjusts detail, color, and motion to mirror human perception. Dolby Vision & Atmos add multidimensional clarity and immersive surround sound that replicate the acoustics of a real cinema hall. With SONY PICTURES CORE, your living room becomes a private screening lounge, presenting studio-quality blockbusters in their full cinematic glory.

 

1.       With Advanced AI Processor XR, 249 cm (98) BRAVIA 5 delivers scenes with enhanced picture quality

The 249 cm (98) BRAVIA 5’s Advanced AI Processor XR combines artificial intelligence, which analyzes signals and data using machine learning, with cognitive intelligence that processes content based on how humans see and hear. This dual approach delivers unmatched realism and enhanced picture quality by making images appear more natural and lifelike.

 

2.       Experience eye-popping visuals with 249 cm (98) BRAVIA 5’s XR Backlight Master Drive

With XR Backlight Master Drive technology, the 249 cm (98) BRAVIA 5 leverages an array of independently controlled LEDs and a precision dimming algorithm to deliver extraordinarily brighter highlights and ultra-deep blacks. This intelligent backlight control results in breathtaking contrast and an expanded dynamic range, making visuals appear dramatically more realistic, naturally textured, and immersive — even in challenging lighting conditions. Whether it's the subtle glow of a candle or the brilliance of a sunrise, every nuance is reproduced with lifelike precision, drawing viewers deeper into the narrative.

 

3.       Experience cinematic HDR visuals and multidimensional surround sound with Dolby Vision and Atmos

With Dolby Vision and Atmos, 249 cm (98) BRAVIA 5 delivers a truly cinema-like experience at home. Customers can now experience picture quality with richer colors, deeper contrast, and better brightness along with improved sound quality by creating immersive, 3D and spatial audio. Together, these technologies elevate both visuals and sound, making 249 cm (98) BRAVIA 5 an ideal choice for a complete cinematic experience at home.

 

4.       Experience true cinematic visuals with Studio Calibrated Mode, presenting content exactly as the creators envisioned

249 cm (98) BRAVIA 5 is equipped with Studio Calibrated Mode that reproduces the image quality intended by film content creators in a home setting. In addition to the existing established Netflix Adaptive Calibrated Mode and Sony Pictures Core Calibrated Mode, Prime Video Calibrated Mode is a new mode designed to provide customers with even more ways to experience premium entertainment through the lens of the creator. With Prime Video Calibrated Mode, customers can enjoy optimum picture quality that is automatically calibrated across movies, series and for the first time, live sports.

 

5.       SONY PICTURES CORE, allows customers to access a vast library of movies in near 4K Blu-ray quality, including IMAX Enhanced titles

With SONY PICTURES CORE feature, 249 cm (98) BRAVIA 5 offers Sony Pictures movies in the highest image quality and enhanced formats at home. Whether it's the latest blockbusters or timeless classics, Sony Pictures Core ensures that viewers can enjoy high-quality content with stunning detail and depth, making the most of the TV’s advanced display and sound technologies.

 

Price and Availability:

As a special launch offer, Sony India is offering a comprehensive three-year warranty on the 249 cm (98) BRAVIA 5. There is also a cashback of Rs. 25,000/- on selected credit cards and a special curated fixed EMI of Rs. 19,995/- to make the product purchase more convenient for the customers.

BRAVIA 5 is available for purchase across all Sony retail stores (Sony Center and Sony Exclusive), the www.ShopatSC.com portal, leading electronic outlets and major e-commerce platforms in India.