Yes Bank has reported results for fourth quarter and year ended March 31, 2022.
The bank has reported net profit of Rs 367.46 crore for the quarter under review against net loss of Rs 3,787.75 crore for the same quarter in the previous year. Total income of the bank increased by 24.59% at Rs 5,829.22 crore for Q4FY22 as compared Rs 4,678.59 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported net profit of Rs 371.88 crore for the quarter under review against net loss of Rs 3,790.92 crore for the same quarter in the previous year. Total income of the bank increased by 24.73% at Rs 5,872.60 crore for Q4FY22 as compared Rs 4,708.22 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the bank has reported net profit of Rs 1,066.21 crore against net loss of Rs 3,462.23 crore for the previous year. However, total income of the bank decreased by 3.33% at Rs 22,285.98 crore for year under review as compared to Rs 23,053.53 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the bank has reported net profit of Rs 1,064.06 crore against net loss of Rs 3,488.93 crore for the previous year. However, total income of the bank decreased by 3.12% at Rs 22,423.52 crore for year under review as compared to Rs 23,146.36 crore for year ended March 31, 2021.
