Yes Bank surges on reporting 49% rise in Q1 consolidated net profit
Yes Bank is currently trading at Rs. 25.39, up by 0.61 points or 2.46% from its previous closing of Rs. 24.78 on the BSE.
The scrip opened at Rs. 25.84 and has touched a high and low of Rs. 25.99 and Rs. 25.37 respectively. So far 14349747 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 32.81 on 09-Feb-2024 and a 52 week low of Rs. 14.10 on 23-Oct-2023.
Last one week high and low of the scrip stood at Rs. 26.85 and Rs. 24.62 respectively. The current market cap of the company is Rs. 79852.65 crore.
The Institutions holding in the company stood at 65.19%, while Non-Institutions held 34.81% in the company.
Yes Bank has reported 46.69% rise in its net profit at Rs 502.43 crore for the quarter ended June 30, 2024 as compared to Rs 342.52 crore for the same quarter in the previous year. Total income of the bank increased by 17.59% at Rs 8,918.14 crore for Q1FY25 as compared to Rs 7,584.34 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 48.84% rise in net profit at Rs 516.00 crore for Q1FY25 as compared to Rs 346.68 crore for the same quarter in the previous year. Total income of the bank increased by 17.80% at Rs 8,996.27 crore for Q1FY25 as compared to Rs 7,637.22 crore for the corresponding quarter previous year.