Yes Bank has posted a phenomenal increase in net profit for the period Q4 (ending Mar 2011) of the current fiscal (FY11). During the said quarter, net profit surges 45.24% to Rs 203.16 crore in comparison to the Rs 140.26 crore of Q4 (ending Mar 2010) of previous year(FY10). Yes Bank Limited is a private sector banking company engaged in providing a range of banking and financial services.Yes Bank is a Mumbai based Indian new generation bank, established in 1994.
The company informed the share market (BSE/NSE) that the total income increased 70.89% to Rs 1409.17 crore in quarter ended Apr 2011 when compared with the last years same quarter ended Apr 2010 which was Rs 857.07 crore.
The Financial Express/ E&Y Best Banks Survey 2010 has ranked Yes Bank as the No. 1 Private Sector Bank in India ahead of a number of larger and older entities, which is a significant achievement and recognition of the bank`s differentiated business model.
Share’s Data :-
BSE Code : 532187
Mkt. Cap: Rs 11,473.39 Crores
Yes Bank Ltd. share’s CMP is Rs 330.55 on 20th Apr 2011.
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