HindustanTimes Wed,01 Oct 2014

YES Bank Q4 net up 33% to Rs. 362.2 cr

PTI  New Delhi, April 17, 2013
First Published: 22:31 IST(17/4/2013) | Last Updated: 22:33 IST(17/4/2013)

Private sector lender Yes Bank on Wednesday posted  a 33.2% jump in net profit to Rs. 362.15 crore for the fourth quarter ended March 31, 2013 against Rs. 271.8 crore in the year-ago period.


Total income of the bank rose to Rs. 2,667.03 crore in the January-March quarter compared to Rs. 2,051.4 crore in the year-ago period, Yes Bank said in a statement.

Net interest income improved by 42.4% to Rs. 638.1 crore against Rs. 448.2 crore in the year-ago period.

The bank proposed a dividend of 60%, or Rs. 6 per share, for 2012-2013.

For the fiscal ended March, 2013, the bank's net profit grew 33.1% to Rs. 1,300.7 crore, compared to Rs. 977 crore a year ago.

Total income increased to Rs. 9,551.43 crore during the year, compared to Rs. 7,164.47 crore a year ago.

Net Interest Margin (NIM) improved to 3% at the end of March 2013. At the same time, the capital adequacy ratio of the bank stood at 18.3%.

more from Business

Rajan holds interest rates, EMIs unlikely to dip soon

The Reserve Bank of India (RBI) kept rates on hold on Tuesday despite pressure from industry and government hopes that the central bank would lower borrowing costs to aid an incipient economic recovery.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved