YES Bank reported Q4 net up 33 percent at Rs 362.15 crore; declares 60 percent dividend, Latest stock price

YES Bank reported Q4 net up 33 percent at Rs 362.15 crore; declares 60 percent dividend, Latest stock price



 Yes Bank on Wednesday reported a 33.2 per cent rise in its net profit to Rs 362.2 crore in the fourth quarter ended March 31, 2013 on the back of higher core income.

Net profit of the bank was Rs 271.8 crore in the January-March period of the previous fiscal. For the entire 2012-13 fiscal, the bank's net profit grew by 33.1 per cent at Rs 1,300.7 crore, compared to Rs 977 crore in the previous fiscal.

Total income of the bank rose by 30 per cent to Rs 2,667 crore in the January-March quarter of FY13, compared to Rs 2,051.4 crore in the same period previous fiscal. "The bank has witnessed higher growth in the net interest income and improvement in the net interest margin with sound asset quality in the last quarter," Managing Director and Chief Executive Officer of Yes Bank Rana Kapoor told reporters after announcing the quarterly results here.

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