Yes Bank second-quarter profit up 25 percent, lags estimates

REUTERS - Yes Bank
Net profit rose to 10.03 billion rupees ($154.72 million) in the quarter ended Sept. 30, from 8.02 billion rupees a year earlier, the Mumbai-based bank said on Thursday. http://bit.ly/2yLfHo5
Analysts on average estimated profit at 10.27 billion rupees, according to Thomson Reuters data.
Gross bad loans as a percentage of total loans stood at 1.82 percent at end-Sept, compared with 0.97 percent a quarter earlier and 0.83 percent in the year-ago period.
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($1 = 64.8250 Indian rupees)
(Reporting by Samantha Kareen Nair and Aby Jose Koilparambil in Bengaluru; Editing by Sunil Nair and Biju Dwarakanath)
Disclaimer: No Business Standard Journalist was involved in creation of this content
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First Published: Oct 26 2017 | 4:24 PM IST
