Yes Bank declares fourth quarter results

Posted by: Religare
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Yes Bank declares fourth quarter results
Yes Bank has posted its results for the fourth quarter ending March 2011. The company has registered an increase in its total income by 70.88 per cent amounting to Rs. 140,937 lakh in the quarter ended March 2011 as compared to Rs. 82,474 lakh in the corresponding quarter last year.

The company has recorded increase in net profit by 45.24 per cent to Rs. 20,338 lakh in the quarter ended March 2011 from Rs. 14,003 lakh in the quarter ended March 2010. Moreover, the expenditure stood at Rs. 106,060 lakh in the March 2011 quarter from Rs 56,717 lakh in the corresponding quarter last year. 

The other income of the company increased to Rs. 18,676 lakh from Rs. 16,014 lakh in the quarter ended March 2010. The paid up equity share capital of the company in the quarter ended March 2011 amounted to Rs. 34,715 lakh from Rs. 33,967 lakh.

The tax expense of Yes Bank was Rs. 10,213 lakh in the quarter ended March 2011 as compared to Rs. 7,498 lakh during the corresponding quarter last year.

Read more about: results, shares, nse, bse, yes bank
Story first published: Thursday, April 21, 2011, 12:32 [IST]
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