Kotak Mahindra Bank Limited — Q2 FY24
Kotak Mahindra Bank reported a 24% YoY rise in consolidated PAT to ₹4,461 crore for Q2 FY24, driven by strong loan growth (21% YoY) and fee income.
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY24
NIM to remain above 5% for FY24
Management expects net interest margin to stay above 5% for the current fiscal year, despite normalization from peak of 5.75%.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
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