Kotak Mahindra Bank today reported a 27 per cent rise in its first quarter FY12 consolidated profit after tax to Rs 416 crore against Rs 327.7 core in the year ago period.

Standalone profit after tax has gone up by 35 per cent to Rs 252 crore from Rs 187 crore during the same period.

Net interest income has gone up by 18 per cent to Rs 568 crore from Rs 483 crore in the year ago period.