Live Breaking News & Updates on Yes Bank Q3 Earnings
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On Wednesday, the stock jumped by 10% on the intraday basis amid strong volumes to fresh 52-week high of Rs 28.05. At 12:35 pm, 76.84 crores were trading on the NSE. The traded value of the shares stood at Rs 2,063.38 crore. ....
YES Bank had reported its earnings on Saturday, wherein it clocked a net profit of Rs 231 crore in the quarter ended on December 31, 2023, growing about 440 per cent YoY. ....
YES Bank Q3 earnings: Emkay Global expects YES Bank to report a 706 per cent YoY surge in net profit at Rs 415.10 crore against Rs 51.50 crore in the same quarter last year. ....
The bank's gross non-performing assets (NPA) or bad loans stood at 2.0 per cent, which is same as the last year. On the other hand, net NPA for the quarter was slightly down at 0.9 per cent as compared to 1.0 per cent in Q3 FY23. ....
YES Bank Q3 Results: Provisions for the quarter dropped sharply, which aided growth in the bottom line. Provisions and contingencies for the reported period stood at Rs 555 crore, compared with Rs 845 crore a year ago. Despite this, the pre-provision operating profit declined 5.4% YoY to Rs 864 crore. ....