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Yes Bank reports 28% rise in Q1 net profit

29 Jul 2015 Evaluate

Yes Bank has reported results for first quarter ended June 30, 2015.

The bank has reported 27.73% rise in its net profit at Rs 551.2 crore for the quarter as compared to Rs 431.54 crore for the same quarter in the previous year. Total income of the bank has increased by 22.75% at Rs 3797.02 crore for quarter under review as compared to Rs 3093.19 crore for the quarter ended June 30, 2014.

The bank’s gross NPA for the April-June quarter of the current fiscal has increased to 0.46%, as compared to 0.33% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 0.13% in Q1FY16.

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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