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.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
