Yes Bank fell 5.12% to Rs 188.20 at 11:11 IST on BSE after net profit fell 3.79% to Rs 964.70 crore on 43.91% rise in total income to Rs 8704.68 crore in Q2 September 2018 over Q2 September 2017.
The result was announced after market hours yesterday, 25 October 2018.Meanwhile, the S&P BSE Sensex was down 107.05 points, or 0.32% to 33,583.04.
On the BSE, 52.80 lakh shares were traded in the counter so far compared with average daily volumes of 32.64 lakh shares in the past two weeks. The stock had hit a high of Rs 191.40 and a low of Rs 168.60 so far during the day. The stock hit a record high of Rs 404 on 20 August 2018. The stock hit a 52-week low of Rs 166.15 on 28 September 2018.
The bank's gross non-performing assets (NPAs) stood at Rs 3,866.08 crore as on 30 September 2018 as against Rs 2,824.46 crore as on 30 June 2018 and Rs 2,720.34 crore as on 30 September 2017.
The ratio of gross NPAs to gross advances stood at 1.60% as on 30 September 2018 as against 1.31% as on 30 June 2018 and 1.82% as on 30 September 2017.
The ratio of net NPAs to net advances stood at 0.84% as on 30 September 2018 as against 0.59% as on 30 June 2018 and 1.04% as on 30 September 2017.
The bank's provisions and contingencies rose 110.26% to Rs 939.98 crore in Q2 September 2018 over Q2 September 2017.
Yes Bank is India's fourth largest private sector bank.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
