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Yes Bank reports 79% fall in Q3 consolidated net profit

23 Jan 2023 Evaluate

Yes Bank has reported results for third quarter ended December 31, 2022.

The bank has reported fall of 80.66% in its net profit at Rs 51.52 crore for Q3FY23 as compared to Rs 266.43 crore for the corresponding quarter previous year. However, total income of the bank increased by 24.56% to Rs 7,015.18 crore for the quarter under review as compared to Rs 5,632.03 crore for the same quarter in the previous year.

On the consolidated basis, the bank has reported fall of 79.28% in its net profit at Rs 55.07 crore for Q3FY23 as compared to Rs 265.76 crore for the same quarter in the previous year. However, total income of the bank increased by 24.71% to Rs 7,064.08 crore for the quarter under review as compared to Rs 5,664.33 crore for the same quarter in the previous year.

Peers
Company Name CMP
HDFC Bank 719.35
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