Yes Bank January-March net up 45%; beats forecast
The net interest income for January-March stood at Rs3.48 billion as compared to Rs2.44 billion year ago.
Yes Bank on Wednesday reported a 45% jump in its January-March net profit to Rs2.03 billion as compared to a net profit of Rs1.4 billion over the same period last year. The net interest income for January-March stood at Rs3.48 billion as compared to Rs2.44 billion year ago, it said in a filing to the NSE.
A Reuters' poll of 18 brokerages had forecast a net profit of Rs1.97 billion for Yes Bank.