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Yes Bank turns black in Q2

24 Oct 2020 Evaluate

Yes Bank has reported results for second quarter ended September 30, 2020.

The bank has reported net profit of Rs 129.37 crore for the quarter under review as against net loss of Rs 600.08 crore for the same quarter in the previous year. However, total income of the bank decreased 28.56% at Rs 5,952.14 crore for Q2FY21 as compared Rs 8,332.20 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported net profit at Rs 120.25 crore for the quarter under review as against net loss of Rs 629.09 crore for the same quarter in the previous year. However, total income of the bank decreased by 28.46% at Rs 5,972.12 crore for Q2FY21 as compared Rs 8,347.50 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HDFC Bank 703.10
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Indusind Bank 884.45
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