Yes Bank declines on reporting 79% fall in Q3 consolidated net profit
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Yes Bank is currently trading at Rs. 18.20, down by 1.60 points or 8.08% from its previous closing of Rs. 19.80 on the BSE.
The scrip opened at Rs. 17.35 and has touched a high and low of Rs. 18.60 and Rs. 17.35 respectively. So far 52147315 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 24.75 on 14-Dec-2022 and a 52 week low of Rs. 12.11 on 30-Mar-2022.
Last one week high and low of the scrip stood at Rs. 20.55 and Rs. 17.35 respectively. The current market cap of the company is Rs. 52764.32 crore.
The Institutions and Non-Institutions held 61.44% and 38.55%, stake in the bank respectively.
Yes Bank has reported results for third quarter ended December 31, 2022.
The bank has reported fall of 80.66% in its net profit at Rs 51.52 crore for Q3FY23 as compared to Rs 266.43 crore for the corresponding quarter previous year. However, total income of the bank increased by 24.56% to Rs 7,015.18 crore for the quarter under review as compared to Rs 5,632.03 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported fall of 79.28% in its net profit at Rs 55.07 crore for Q3FY23 as compared to Rs 265.76 crore for the same quarter in the previous year. However, total income of the bank increased by 24.71% to Rs 7,064.08 crore for the quarter under review as compared to Rs 5,664.33 crore for the same quarter in the previous year.
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