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Yes Bank reports 7% fall in Q3 net profit

24 Jan 2019 Evaluate

Yes Bank has reported results for third quarter ended December 31, 2018.

The Bank has reported 6.97% fall in its net profit at Rs 1001.85 crore for the quarter under review as compared to Rs 1076.87 crore for the same quarter in the previous year. However, total income of the Bank increased by 36.31% at Rs 8849.81 crore for Q3FY19 as compared Rs 6492.56 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 2.10%, as compared to 1.72% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 1.18% in Q3FY19.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
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Indusind Bank 882.30
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