Mumbai: Private sector lender Yes Bank on Tuesday reported a growth of 19 percent in its net profit at Rs 125.9 crore for the third quarter ended December 31, 2009, over the same period last year.
Total income of the lender rose to Rs 754.16 crore in the latest quarter, from Rs 726 crore in the same period previous fiscal, Yes Bank said in a filing to Bombay Stock Exchange (BSE).
The bank has "achieved record profits second time sequentially on the back of strong and sustainable net interest and exceptional credit growth," Yes Bank Managing Director & CEO Rana Kapoor said.
In the early morning trade, shares of Yes Bank touched a year-high at Rs 287.90, up 1.39 percent from previous close on the BSE.
Later, the stock was trading at Rs 274.90, 3.19 percent down from yesterday's level at 1242 hrs.
PTI
First Published: Wednesday, January 20, 2010, 14:38