YES Bank s Q4 FY24 Highlights: Net profit soared by 123% Y-o-Y to ₹452 crore, surpassing expectations. NIM held steady at 2.4%, with strong growth in non-interest income and robust improvements in asset quality.
YES Bank shares rose about 1.89 per cent to Rs 26.44, during the trading session on Friday, commanding a total market capitalization of around Rs 76,000 crore.
The total market capitalization of Vodafone Idea briefly topped Rs 90,000 crore mark on Thursday at a price of Rs 13.50, after the listing of its recently issued securities.
In a filing to stock exchanges, YES Bank said its loan and advances stood at Rs 2,28,465 crore at the end of March quarter, up 14.1 per cent year-on-year (YoY) over Rs 2,00,201 crore at the end of same quarter last year.