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Yes Bank’s Q2 Profits Grow to Rs. 1,002 Crores
October 31, 2017
Private sector Yes Bank reported a net profit of Rs. 1002.73 crores for the second quarter of the fiscal year. It’s roughly 25% higher than the profit recorded last year during the same quarter, which is Rs. 801.54 crores.
The bank also reported a total generated income of Rs. 6,048.78 crores for the quarter ending this September against last year’s Rs. 4,982.23 crores for the same quarter. At the same time, the Gross Non-Performing Assets (GNPAs) have been affected just like other banks, which grew to Rs. 2.720.34 crores from Rs. 916.68 crores recorded last year.
