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    HomeNewsBusinessEarningsYes Bank Q2 PAT seen up 27% to Rs 300 cr

    Yes Bank Q2 PAT seen up 27% to Rs 300 cr

    Private sector lender Yes Bank's profit after tax is expected to grow by 27 percent year-on-year to Rs 300 crore in the July-September quarter of current financial year.

    October 23, 2012 / 12:38 IST
       
       
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      Private sector lender Yes Bank's profit after tax is expected to grow by 27 percent year-on-year to Rs 300 crore in the July-September quarter of current financial year.


      Net interest income is likely to increase 29 percent to Rs 499 crore from Rs 386 crore during the same period.

      Investors should watch out for asset quality, which was slightly worsened in June quarter. Gross non-performing assets (NPAs) went up by 6 basis points QoQ to 0.28 percent and net NPAs increased marginally to 0.06% versus 0.05% QoQ in first quarter.

      first published: Oct 23, 2012 08:37 am

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