Yes Bank Q4FY23 results: Net profit dips 45% despite 25% rise in total income
Live MintYes Bank has announced its Q4FY23 results on Saturday reporting dip in net profit from 367.46 crore to ₹202.43 crore in Q4FY23, logging near 45 per cent decline in year-on-year basis. However, on quarter-to-quarter basis, Yes Bank reported around 293 per cent rise against Q3FY23 net profit of ₹51.52 crore. In FY23, Yes Bank posted 19.46 per cent rise in total income as its Q4FY23 total income stood at ₹26,624.08 crore against total income of ₹22,285.98 crore in FY22. In Q4FY23, Yes Bank's net interest income stood at ₹2,105 crore, logging YoY rise of 15.70 per cent and Q0Q rise of 6.80 per cent. In the financial year 2022-23, Yes Bank reported net cash generated from operating activities at ₹25,626.01 crore, 8.47 per cent higher from the same in previous fiscal.