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Yes Bank reports 26% rise in Q2 net profit

29 Oct 2015 Evaluate

Yes Bank has reported results for second quarter ended September 30, 2015.

The bank has posted a rise of 26.50% in its net profit at Rs 610.41 crore for the quarter ended September 30, 2015 as compared to Rs 482.54 crore for the same quarter in the previous year. Total income has increased by 19.69% at Rs 3995.34 crore for quarter under review as compared to Rs 3337.97 crore for the quarter ended September 30, 2014.

Gross non-performing assets (NPAs) of the bank have increased to 0.61% for the quarter as against 0.36% in the same quarter previous year. Besides, bank’s Net NPA stood at 0.20% in Q2FY16.

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