Yes Bank fell 2.04% to Rs 534.90 at 13:57 IST on BSE after net profit rose 9.64% to Rs 439.48 crore on 9.34% increase in total income to Rs 3105.21 crore in Q1 June 2014 over Q1 June 2013.
The result was announced during trading hours today, 23 July 2014.
Meanwhile, the BSE Sensex was up 9.72 points, or 0.04%, to 26,035.52.
On BSE, so far 7.12 lakh shares were traded in the counter, compared with an average volume of 6.24 lakh shares in the past one quarter.
The counter turned volatile after the result announcement. The stock rose 1.60% at the day's high of Rs 554.80 in early trade. It fell 3.31% at the day's low of Rs 527.95 so far during the day.
The stock hit a 52-week high of Rs 588 on 16 May 2014. The stock hit a 52-week low of Rs 216.10 on 28 August 2013.
The stock had underperformed the market over the past one month till 22 July 2014, rising 0.87% compared with 3.67% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 25.73% as against Sensex's 14.36% rise.
The large-cap private sector bank has an equity capital of Rs 415.20 crore. Face value per share is Rs 10.
Yes Bank's net interest income rose 13.1% to Rs 745.30 crore in Q1 June 2014 over Q1 June 2013 on account of steady growth in advances.
CASA (current and savings account) deposits grew by 29% to Rs 16974.60 crore taking the CASA ratio to 22.3% as on 30 June 2014. up from 20.2% as on 30 June 2013.
The bank's ratio of net non-performing assets (NPAs) to net advances stood at 0.07% as on 30 June 2014, compared with 0.05% as on 31 March 2014 and 0.03% as on 30 June 2013.
The bank's ratio of gross NPAs to gross advances stood at 0.33% as on 30 June 2014, compared with 0.31% as on 31 March 2014 and 0.22% as on 30 June 2013.
Provisions and contingencies fell 75.52% to Rs 23.74 crore in Q1 June 2014 over Q1 June 2013.
The bank's Capital Adequacy Ratio (CAR) as per Basel III norms stood at 17.6% as on 30 June 2014, compared with 14.4% as on 31 March 2014 and 14.4% as on 30 June 2013.
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