Yes Bank FY08 net up 112% at Rs 200cr

Yes Bank has reported a 112% increase in net profit at Rs 200.02 crore for the year ended March 31, 2008 when compared with Rs 94.36 crore in FY07.

According to a release issued by the bank to the BSE today, total income increased to Rs 1,665.35 crore for the year ended March 31, 2008 from Rs 782.17 crore in FY07.

The bank reported a net profit of Rs 64.50 crore for the fourth quarter ended March 31, 2008 when compared with Rs 30.90 crore in Q4FY07. Total income increased to Rs 494.30 crore in Q4FY08 from Rs 281.08 crore in Q4FY07.