Yes Bank gains despite reporting 28% fall in Q2 consolidated net profit
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Yes Bank is currently trading at Rs. 15.75, up by 0.15 points or 0.96% from its previous closing of Rs. 15.60 on the BSE.
The scrip opened at Rs. 15.60 and has touched a high and low of Rs. 15.95 and Rs. 15.50 respectively. So far 8415366 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 18.20 on 09-Sep-2022 and a 52 week low of Rs. 12.09 on 30-Nov-2021.
Last one week high and low of the scrip stood at Rs. 16.35 and Rs. 15.50 respectively. The current market cap of the company is Rs. 39338.07 crore.
The Institutions and Non-Institutions held 55.30% and 44.70% stake in the company.
Yes Bank has reported results for second quarter ended September 30, 2022. The bank has reported fall of 32.23% in its net profit at Rs 152.82 crore for Q2FY23 as compared to Rs 225.50 crore for the corresponding quarter previous year. However, total income of the bank increased by 17.75% to Rs 6394.11 crore for the quarter under review as compared to Rs 5430.30 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported fall of 27.95% in its net profit at Rs 160.41 crore for the quarter under review as compared to Rs 222.65 crore for the same quarter in the previous year. However, total income of the bank increased by 18.08% to Rs 6451.30 crore for the quarter under review as compared to Rs 5463.28 crore for the same quarter in the previous year
