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Banking & Finance
Kotak Mahindra Bank consolidated PAT up 84% for FY'08

MUMBAI: Kotak Mahindra Bank Ltd informed the BSE that its consolidated net profit for the fourth quarter ended March 31, 2008 has improved by 41 per cent to Rs 240 crore from Rs 170 crore achieved in the same period of previous fiscal. Total income durin g the fourth quarter this year increased to Rs 1,863 crore from Rs 1,423 crore, reflecting a growth of 31 per cent.

The company's consolidated PAT for 2007-08 has increased to Rs 991 crore (Rs 538 crore). Income at Rs 7,549 crore (Rs 4,294 crore) witnessed a growth of 76 per cent.

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