YES Bank Q1 Results:

Yes Bank's net profit jumped 50 percent to Rs 311 crore in the first quarter of the current financial year.

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In the first quarter of last year, the net profit of Yes Bank was Rs 207 crore. Which was less than this time.

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Yes Bank's total income rose to Rs 5,916 crore in the first quarter of April-June 2022.

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Whereas in the first quarter of April-June 2021 a year ago, it was Rs 5,394 crore.

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The decline in the NPA ratio of the bank has been the biggest reason for the increase in its profit.

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The ratio of NPAs to gross credit of the bank has come down to 13.45 percent from 15.60 percent last year.

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The ratio of net NPAs also declined to 4.17 percent from 5.78 percent in the first quarter of FY2022-23.

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The board of Yes Bank has recommended the appointment of Prashant Kumar as the new MD CEO.

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Yes bank share price Mkt cap: 36.83TCr P/E ratio: 34.62- CDP score: B 52-wk High: 16.25 52-wk low: 10.50 Current Price: 14.70

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