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Yes Bank reports 92% fall in Q1 consolidated net profit

17 Jul 2019 Evaluate

Yes Bank has reported results for first quarter ended June 30, 2019.

The Bank has reported 90.97% fall in its net profit at Rs 113.76 crore for the quarter under review as compared to Rs 1,260.36 crore for the same quarter in the previous year. However, total income of the Bank increased by 9.87% at Rs 9,088.80 crore for Q1FY20 as compared Rs 8,272.18 crore for the corresponding quarter previous year.  

On the consolidated basis, the Bank has reported 92.45% fall in its net profit at Rs 95.56 crore for the quarter under review as compared to Rs 1265.67 crore for the same quarter in the previous year. However, total income of the Bank increased by 9.69% at Rs 9105.79 crore for Q1FY20 as compared Rs 8301.06 crore for the corresponding quarter previous year.  


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