Private sector YES Bank on Wednesday reported 31.9 per cent growth in its net profit for the quarter ended June 30, 2017, as compared to previous year's corresponding period.
In a regulatory filing with the BSE, the bank said its board has authorised sub-division of existing 1 (one) equity share of face value of Rs 10 each fully paid up into five equity shares of Rs 2 each fully paid.
YES Bank closed the first quarter of the current fiscal with a net profit of Rs 965.52 crore -- up from Rs 731.80 crore logged for the quarter ended June 30, 2016.
The bank earned a total income of Rs 5,785.96 crore for the period under review -- up from Rs 4,762.83 crore for the like quarter in the previous year.
According to YES Bank, its gross non-performing assets (NPA) stood at Rs 1,364.38 crore and net NPA at Rs 545.31 crore as on June 30, 2017.
--IANS
vj/amit/dg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app