MoneyWorks4Me

Yes Bank reports 25% rise in Q3 net profit

29 Jan 2016 Evaluate

Yes Bank has reported results for third quarter ended December 31, 2015.

The bank has reported 25.07% rise in its net profit at Rs 675.74 crore for the third quarter as compared to Rs 540.29 crore for the same quarter in the previous year. The bank’s total income has increased by 17.49% to Rs 4122.12 crore for the quarter under review from Rs 3508.47 crore for the corresponding quarter of the previous year.

Gross non-performing assets (NPAs) increased to 0.66% in the October- December quarter as against 0.42% in the same quarter previous year, while net NPAs stood at 0.22%.

Peers
Company Name CMP
HDFC Bank 711.20
ICICI Bank 1313.90
Axis Bank 1225.90
Kotak Mahindra Bank 417.60
Indusind Bank 892.25
View more..