Yes Bank has reported results for first quarter ended June 30, 2014.
The bank’s net profit for the quarter rose by 9.64% at Rs 439.48 crore as compared to Rs 400.84 crore for the quarter ended June 30, 2013. Its total income has increased by 9.34% to Rs 3105.21 crore for the quarter under review from Rs 2839.97 crore for the corresponding quarter of the previous year.
The bank’s gross NPA for the April-June quarter of the current fiscal stood at 0.33%, as compared to 0.22% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 0.07% in Q1FY15