Yes Bank headquarte in Mumbai. (Photo Source: Company handout) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Yes Bank Ltd. reported an 18.3% year-on-year rise in standalone net profit for the September quarter to Rs 654 crore, compared with Rs 553 crore a year earlier, according to its notification to the exchanges on Saturday.

Net interest income increased 4.6% to Rs 2,301 crore from Rs 2,200 crore in the same quarter last year. Asset quality remained stable, with gross non-performing assets at 1.6% and net NPA at 0.3%, both unchanged from the previous quarter.

Yes BankQ2 Results (Standalone, YoY)

Net profit up 18.3% to Rs 654 crore versus Rs 553 crore.

NII up 4.6% to Rs 2,301 crore versus Rs 2,200 crore.

Gross NPA flat at 1.6% (QoQ).

Net NPA flat at 0.3% (QoQ).

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