Kotak Mahindra Bank has reported a net profit of Rs 4.43bn for the first quarter of FY13 as against Rs 4.16bn in the same quarter a year earlier. 

Consolidated Net Interest Margins (NIM) for Q1 FY13 stood at 4.7% versus 5% in the year-ago period. NIM was at 4.8% in the January to March quarter.

Gross NPAs stood at 1.34% vs 1.31% in the previous quarter. 

Net NPAs stood at 0.64% vs 0.51% in the January to March quarter.

The shares of Kotak Mahindra Bank fell marginally at around noon time post the announcement of the company's first-quarter results.

Consolidated advances were up 28% at Rs 570.49bn as on June 30, 2012 from Rs 446.99bn as on June 30, 2011.

Consolidated capital adequacy ratio (CAR), excluding profit for Q1 FY13 as per Basel II as on June 30, 2012 is 17.5%. Tier 1 ratio is 16.2%.

Total assets managed / advised by the Group as on June 30, 2012 were Rs 5.15bn (June 30, 2011 at Rs 5.17bn).

Kotak Mahindra Bank standalone results:-

Bank PAT for Q1 FY13 increased to Rs 2.82bn from Rs 2.52bn in Q1 FY12.

Net Interest Income (NII) for Q1 FY13 up 27% yoy at Rs 7.21bn vs. Rs 5.68bn in Q1 FY12.

Advances as on June 30, 2012 were up 31% yoy at Rs 423.18bn (Rs 323.39bn as on June 30, 2011).

Deposits as on June 30, 2012 were up 34% yoy at Rs 416.32bn (Rs 310.47bn as on June 30, 2011).

CASA deposits as on June 30, 2012 grew by 34% to Rs 110.54bn from Rs 82.54bn as on June 30, 2011.

Savings deposits as on June 30, 2012 grew by 68% to Rs 55.40bn from Rs 33.07bn as on June 30, 2011.

Capital adequacy ratio of the Bank excluding profit for Q1 FY13 as per Basel II as on June 30, 2012 is 16.6%. Tier 1 ratio is 15.0%.

The provision coverage ratio on non-performing assets as on June 30, 2012 was 62.5%.

Bank had 366 full-fledged bank branches (323 branches as on June 30, 2011) across 216 locations and 858 ATMs.