Yes Bank declines after net NPAs rise in Q4

Yes Bank declined 0.29% to Rs 786.85 at 13:00 IST on BSE after ratio of net non-performing assets (NPAs) to net advances stood at 0.12% as on 31 March 2015, compared with 0.1% as on 31 December 2014 and 0.05% as on 31 March 2014.

The result was announced during market hours today, 22 April 2015.

Meanwhile, the BSE Sensex was up 81.33 points, or 0.29%, to 27,757.37.

On BSE, so far 5.13 lakh shares were traded in the counter, compared with an average volume of 3.62 lakh shares in the past one quarter.

The stock hit a high of Rs 801 and a low of Rs 776.60 so far during the day. The stock had hit a record high of Rs 910 on 4 March 2015. The stock had hit a 52-week low of Rs 418 on 21 April 2014.

The stock had underperformed the market over the past one month till 21 April 2015, falling 5.73% compared with 2.07% fall in the Sensex. The scrip had also underperformed the market in past one quarter, declining 8.25% as against Sensex's 4.2% decline.

The large-cap private bank has an equity capital of Rs 417.74 crore. Face value per share is Rs 10.

Yes Bank's net profit rose 28.07% to Rs 550.99 crore on 22.07% rise in total income to Rs 3678.83 crore in Q4 March 2015 over Q4 March 2014.

The bank's ratio of gross NPAs to gross advances stood at 0.41% as on 31 March 2015, compared with 0.42% as on 31 December 2014 and 0.31% as on 31 March 2014.

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