YES Bank net profit increases 31 per cent


Mumbai, July 26 (IANS): Private sector YES Bank on Wednesday reported 31.9 per cent growth in its net profit for the quarter ended June 30, 2017, as compared to previous year's corresponding period.

In a regulatory filing with the BSE, the bank said its board has authorised sub-division of existing 1 (one) equity share of face value of Rs 10 each fully paid up into five equity shares of Rs 2 each fully paid.

YES Bank closed the first quarter of the current fiscal with a net profit of Rs 965.52 crore -- up from Rs 731.80 crore logged for the quarter ended June 30, 2016.

The bank earned a total income of Rs 5,785.96 crore for the period under review -- up from Rs 4,762.83 crore for the like quarter in the previous year.

According to YES Bank, its gross non-performing assets (NPA) stood at Rs 1,364.38 crore and net NPA at Rs 545.31 crore as on June 30, 2017. 

  

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Title: YES Bank net profit increases 31 per cent



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