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Yes Bank reports 80% rise in Q3 consolidated net profit

24 Jan 2022 Evaluate

Yes Bank has reported results for third quarter ended December 31, 2021.

The bank has reported a rise of 76.78% in its net profit at Rs 2664.30 crore for the quarter under review as compared to Rs 1507.10 crore for the same quarter in the previous year. However, total income of the company decreased by 12.11% at Rs 56,320.30 crore for Q3FY22 as compared Rs 64,085.30 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a rise of 79.95% in its net profit at Rs 2657.60 crore for the quarter under review as compared to Rs 1476.80 crore for the same quarter in the previous year. However, total income of the company decreased by 11.98% at Rs 56,643.30 crore for Q3FY22 as compared Rs 64,358.80 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HDFC Bank 708.00
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