YES Bank Q1 Results: Yes Bank has announced its Q1FY25 results today, reporting a standalone net profit of ₹502.43 crore for Q1FY25 (quarter ended June 30). This was up 46.4 per cent compared to the ₹342.52 crore profit after tax (PAT) reported by the bank in Q1FY24, it informed the exchanges.
Further, Q1FY25 interest earned was reported at ₹7,719.15 crore, up 19 per cent from ₹6,443.22 crore in Q1FY24.
The lenders’ standalone net interest income (NII) is up by 12.2 per cent YoY to ₹2,243.9 crore compared to ₹2,000 crore in the same period last year.
Yes Bank’s gross NPA at 1.7 per cent in Q1FY25 compared to 1.7 per cent in Q4FY24; and net NPA is at 0.5 per cent compared to 0.6 per cent.
This is a breaking story, more updates are awaited…