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YES Bank net profit of Q4 rises 28% to Rs 551 crore

Today YES Bank has registered 28.1% rise in its standalone net profit at Rs 551 crore for the fourth quarter ended March 2015.

The bank had posted a net profit of Rs 430.21 crore in the corresponding quarter of 2013-14, it said in a BSE filing.

Bank’s total income has increased from Rs 3,013.57 crore for the quarter ended March 31, 2014 to Rs 3,678.83 crore for the quarter ended March 31, 2015 it added.

The bank’s net interest income (NII) during the March quarter of 2014-15 increased by 35.8 per cent to Rs 977.1 crore. Whereas the non interest income grew by 32.5% to Rs 590.4 crore during the quarter under review.

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