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Yes Bank reports 30% rise in Q4 net profit

20 Apr 2017 Evaluate

Yes Bank has reported results for the fourth quarter and year ended March 31, 2017.

The Bank has posted a rise of 30.20% in its net profit at Rs 914.12 crore for the quarter ended March 31, 2017 as compared to Rs 702.11 crore for the same quarter in the previous year. Total income of the Bank increased by 29.44% at Rs 5606.38 crore for quarter under review as compared to Rs 4331.11 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the Bank has posted a rise of 31.13% in its net profit at Rs 3330.09 crore as compared to Rs 2539.45 crore for the same period in the previous year. Total income of Bank increased 26.69% at Rs 20581.40 crore for year under review as compared to Rs 16245.59 crore for the period ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the Bank has posted rise of 32.03% in its net profit at Rs 3339.89 crore as compared to Rs 2529.69 crore for the same period in the previous year. Total income of Bank increased by 26.93% at Rs 20642.80 crore for year under review as compared to Rs 16262.86 crore for the period ended March 31, 2016.

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