News > Yes Bank clocks 47 per cent jump in Q1 net profit at Rs 502 crore

Yes Bank clocks 47 per cent jump in Q1 net profit at Rs 502 crore

The interest earned by the bank during the quarter rose 19.8% to Rs 7,719 crore from Rs 6,443 crore in the same period last year. The asset quality also improved during the first quarter with the gross Non-Performing Assets (NPA) coming down to 1.7% of total loans as of June 30, compared to 2% in the year-ago period. Similarly, the quarterly net NPA ratio declined to 0.5% as of June 30, compared to 0.6% sequentially, and 1% year-on-year.