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Yes Bank reports 49% rise in Q1 consolidated net profit

22 Jul 2024 Evaluate

Yes Bank has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The bank has reported 46.69% rise in its net profit at Rs 502.43 crore for the quarter ended June 30, 2024 as compared to Rs 342.52 crore for the same quarter in the previous year. Total income of the bank increased by 17.59% at Rs 8,918.14 crore for Q1FY25 as compared to Rs 7,584.34 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 48.84% rise in net profit at Rs 516.00 crore for Q1FY25 as compared to Rs 346.68 crore for the same quarter in the previous year. Total income of the bank increased by 17.80% at Rs 8,996.27 crore for Q1FY25 as compared to Rs 7,637.22 crore for the corresponding quarter previous year.


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