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Yes Bank reports 29% rise in Q4 net profit

26 Apr 2018 Evaluate

Yes Bank has reported results for the fourth quarter and year ended March 31, 2018.

The Bank has reported a rise of 29.02% in its net profit at Rs 1,179.44 crore for the quarter ended March 31, 2018, as compared to Rs 914.12 crore for the same quarter in the previous year. Total income of the Bank increased by 27.78% at Rs 7,163.95 crore for the quarter under review as compared Rs 5,606.38 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the Bank has posted a rise of 26.86% in its net profit at Rs 4,224.56 crore as compared to Rs 3,330.09 crore for the same period in the previous year. Total income of Bank increased 23.86% at Rs 25,491.25 crore for year under review as compared to Rs 20,581.40 crore for the period ended March 31, 2017.

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