Yes Bank has reported results for its third quarter ended December 31, 2011.
The bank has posted a 32.95% increase in its net profit of Rs.254.09 crore for the quarter ended December 31, 2011 as compared to Rs.191.12 crore for the same quarter in the previous year. Total income has increased by 47.19% to Rs.1,895.49 crore for quarter under review from Rs.1,287.82 crore in the corresponding quarter of the preceding year.
The bank’s gross NPA for the December quarter of the current fiscal stood at 0.20%, while the same was at 0.23% for the corresponding quarter of the previous fiscal. Meanwhile, bank’s Net NPA stood at 0.04% as compared to 0.06% in the same quarter of the previous year.
