Kotak Mahindra Bank Q4 results studded by records in lending, margins, and bad loans

It recorded an all-time high net interest margin (NIM), a key measure of profitability at 4.78 percent, up 39 basis points (bps) from last year.

The Bank’s loan growth – at 21.3 percent (year-on-year) – was also the best in the last 13 quarters while its operating profit growth of 24 percent (quarter-on-quarter) was also the best in the last 26 quarters.

The bank’s net customer additions stood at 2 million in the March quarter as compared to 1.1 million a year ago.

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On the asset quality front, Kotak Mahindra Bank's gross non-performing asset ratio stood at 2.34 percent, a five-quarter low.

Another feather in the cap was the return on assets - which came in at 2.68 percent - the highest amongst large banks.

Here is a glimpse of the lender's asset quality trend on a sequential basis

The private sector bank's board also recommended a dividend of Rs 1.1 per share for the financial year ended March.

Shares of Kotak Mahindra Bank gained over 2 percent at Rs 1,812 on BSE after the results were announced.