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Yes Bank reports 38% surge in Q1 net profit

24 Jul 2013 Evaluate

Yes Bank has reported results for first quarter ended June 30, 2013.

The bank has reported a rise of 38.15% in its net profit at Rs 400.84 crore for the quarter, as compared to Rs 290.14 crore for the same quarter in the previous year. Total income from operation of the bank has increased by 30.61% to Rs 2839.97 crore for the quarter under review as compared to Rs 2174.44 crore for the quarter ended June 30, 2012.

Gross non-performing assets (NPAs) improved to 0.22% in the April-June quarter as against 0.28% in the same quarter previous year while, net NPAs decreased to 0.03%.

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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