India's Kotak Mahindra Bank on Saturday reported a 10% rise in quarterly profit as it boosted lending, although provisions for potential bad loans surged.

Kotak Mahindra Bank posted Net Interest Income (NII) for Q3 at Rs 7,196 crore, up 10 per cent from Rs 6,554 crore in Q3FY24.

Kotak Mahindra Bank on Saturday reported a 10.22 per cent rise in its December quarter consolidated net profit to ₹4,701 crore. The lender had reported a net profit of ₹4,265 crore in the year-ago period and ₹5,044 crore in the preceding September quarter.

Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment.

Kotak Mahindra Bank on January 18 reported a 10 percent on-year rise in its net profit to Rs 4,701.02 crore in the third quarter of financial year 2025. Gross non-performing asset (NPA) ratio was 1.51 percent as on December 31, 2024, as compared to 1.48 percent as on September 30, 2024, and 1.68 percent on December 31, 2023.

MUMBAI/BENGALURU (Reuters) -Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment. The company's revenue rose 1.

IT and Consulting giant firm, Tech Mahindra announced the Q3 results ending on December 31, 2024. The company held the meeting today. “approved the Audited Consolidated and Standalone Financial Result