Friday, April 27, 2018

Yes Bank gains 10% on good q4 numbers

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 Yes Bank has reported a 29% jump in its March quarter net profit due to higher net interest income and other income.

Net profit for the quarter stood at Rs1,179 crore against Rs 914 crore a year ago. 

Net interest income  has  increased by 31% to Rs 2,154 crore as against Rs1,640 crore last year. Other income was at Rs1,421 crore, up 0.13% from Rs1,257 crore a year ago.
The stock closed at Rs 358, up 10 percent or Rs 33, in yesterday's trading with huge volumes on both the exchanges.

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