Private sector lender Kotak Mahindra Bank has registered a growth of 86% in its consolidated net profit after tax (PAT) at 299.76 crore for the second quarter ended September 30, 2009, over the same period last year.

The bank has posted consolidated profit after tax of Rs 160.97 crore for the quarter ended September 30, 2008.

Further, lender’s total income also grew to Rs 2313 crore in the latest quarter ended September 30, 2009, up 25% from Rs 1845 crore in the same period corresponding fiscal.

On standalone basis, Kotak Mahindra Bank has posted a net profit of Rs 126 crore for the July-September quarter, jump of about 162% over net profit of Rs 47.86 crore in the same period last fiscal.

Total Income has increased from Rs 806.77 crore for the quarter ended September 30, 2008 to Rs 884.18 crore for the quarter ended September 30, 2009.

The shares of Kotak Mahindra Bank closed today at Rs 763, down 2% compared to its previous close. The stock had hit a 52-week high of Rs 838 on 16 October 2009 and a 52-week low of Rs 208 on 6 March 2009.