Private sector lender YES Bank posted profit before tax (PBT) at Rs 60.24 crore in the quarter ended June (Q1FY21).
The Mumbai-based lender had posted a PBT of Rs 174.98 crore in the quarter ended June 2019 (Q1FY20). Its pre-tax loss was Rs 4,765.9 crore in the fourth quarter ended March (Q4FY20).
Its net profit for the reporting quarter stood at Rs 45.44 crore, against a net profit of Rs 113.76 crore in Q1FY20. It had booked a net loss of Rs 3,668.3 crore in Q4FY20. The bank is now an associate entity of State Bank of India after capital