Yes Bank has reported results for fourth quarter and year ended March 31, 2021.
The bank has reported a net loss of Rs 3,787.75 crore for the quarter under review against net profit of Rs 2,628.61 crore for the same quarter in the previous year. Total income of the bank decreased by 17.41% at Rs 4,805.30 crore for Q4FY21 as compared Rs 5,818.59 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported net loss of Rs 3,790.92 crore for the quarter under review against net profit of Rs 2,665.19 crore for the same quarter in the previous year. Total income of the bank decreased by 17.24% at Rs 4,834.92 crore for Q4FY21 as compared Rs 5,842.40 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the bank has reported a net loss at Rs 3,462.23 crore against net loss of Rs 16,418.02 crore for the previous year. Total income of the bank decreased by 20.76% at Rs 23,382.56 crore for year under review as compared to Rs 29,508.10 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the bank has reported net loss of Rs 3,488.93 crore against net loss of Rs 16,432.58 crore for the previous year. Total income of the bank decreased by 20.67% at Rs 23,475.39 crore for year under review as compared to Rs 29,593.12 crore for year ended March 31, 2020.
