Yes Bank Q3 net up 52% at Rs 191 cr

Private sector lender Yes Bank Thursday reported a whopping 52 percent increase in net profit at Rs 191.12 crore for the quarter ended December 31, 2010.

Mumbai: Private sector lender Yes Bank Thursday reported a whopping 52 percent increase in net profit at Rs 191.12 crore for the quarter ended December 31, 2010.
     
Total income of the bank rose to Rs 1,287.82 crore during the third quarter, from Rs 754.16 crore in the corresponding period last year, Yes Bank said in a filing to the Bombay Stock Exchange.
     
During the December quarter, Yes Bank's interest income rose to Rs 1,126.15 crore, from Rs 626.36 crore in the same priod last fiscal.
     
Shares of Yes Bank were trading at Rs 271.75, up 0.70 percent over previous close on the BSE.

PTI

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