Yes Bank has reported results for third quarter ended December 31, 2023 (Q3FY24).
The bank has reported over 4-fold jump in net profit at Rs 231.46 crore for the quarter ended December 31, 2023 as compared to Rs 51.52 crore for the same quarter in the previous year. Total income of the bank increased by 17.90% at Rs 8,179.45 crore for Q3FY24 as compared Rs 6,937.80 crore for corresponding quarter of the previous year.
On consolidated basis, the bank reported over 4-fold jump in its net profit at Rs 242.59 crore for Q3FY24 as compared to Rs 55.07 crore for the same quarter in the previous year. Total income of the bank increased by 17.99% at Rs 8,243.46 crore for Q3FY24 as compared Rs 6,986.70 crore for corresponding quarter of the previous year.