YES Bank Q1 net profit rises 9.6% to Rs 439.5 crore

YES Bank on Wednesday reported a 9.6 per cent rise in net profit at Rs 439.5 crore for the first quarter ended June 30, 2014-15.

The private sector bank had posted net profit of Rs 400.8 crore in the April-June quarter of the 2013-14 fiscal.

The bank's total income in Q1, 2014-15 rose to Rs 3,105.21 crore, from Rs 2,839.9 crore in the year-ago period.

The NII during Q1 rose by 13.1 per cent to Rs 745.3 crore as against Rs 472.2 crore in the year-ago period.

As of June 30, 2014, YES Bank's gross non-performing assets (NPAs) rose to 0.33 per cent of advances as against 0.22 per cent in the same quarter of the previous fiscal.

Its net non-performing assets rose to 0.07 per cent from 0.06 per cent.