Yes Bank gains in volatile trade after reporting good Q4 results

Yes Bank rose 0.32% to Rs 913.50 at 11:45 IST on BSE after the net profit rose 27.42% to Rs 702.11 crore on 17.73% rise in total income to Rs 4331.11 crore in Q4 March 2016 over Q4 March 2015.

The result was announced during market hours today, 27 April 2016.

Meanwhile, the S&P BSE Sensex was down 2.23 points or 0.03% at 26,000.73.

On BSE, so far 5.29 lakh shares were traded in the counter as against average daily volume of 4 lakh shares in the past one quarter. The stock hit a high of Rs 923.90, which was also a record high for the stock. At the day's high, the stock rose 1.46%. At the day's low of Rs 897.60 hit so far during the day, the stock fell 1.42%. The stock hit a 52-week low of Rs 590 on 24 August 2015. The stock had outperformed the market over the past one month till 26 April 2016, rising 7.38% compared with Sensex's 2.64% rise. The scrip had also outperformed the market in past one quarter, gaining 34.5% as against Sensex's 6.21% rise.

The large-cap bank has equity capital of Rs 420.53 crore. Face value per share is Rs 10.

Meanwhile, Yes Bank reported a rise in sticky loans in Q4 March 2016. Yes Bank's gross non-performing assets (NPAs) stood at Rs 748.98 crore as on 31 March 2016 as against Rs 558.57 crore as on 31 December 2015 and Rs 313.40 crore as on 31 March 2015. The ratio of gross NPAs to gross advances stood at 0.76% as on 31 March 2016 as against 0.66% as on 31 December 2015 and 0.41% as on 31 March 2015. The ratio of net NPAs to net advances stood at 0.29% as on 31 March 2016 as against 0.22% as on 31 December 2015 and 0.12% as on 31 March 2015. The bank's provisions and contingencies jumped 47.56% to Rs 186.46 crore in Q4 March 2016 over Q4 March 2015.

Net Interest Income (NII) rose 27.1% to Rs 1241.40 crore in Q4 March 2016 over Q4 March 2015 on account of strong growth in advances and retail & current account savings account (CASA) deposits. Net interest margin (NIM) stood 3.4% for Q4 March 2016.

Yes Bank's board of directors recommended the payment of final dividend of Rs 10 per share for the year ended 31 March 2016 (FY 2016).

Yes Bank is a private sector bank with a pan India presence.

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