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PremiumYES Bank Q1 Results Highlights: Private lender Yes Bank announced its first quarter earnings reports for financial year FY24-25 (Q1FY25) today, on July 20.
Yes Bank reported a standalone net profit of ₹502.43 crore for Q1FY25 (quarter ended June 30). This was up 46.4 per cent compared to the ₹342.52 crore profit after tax (PAT) reported by the bank in Q1FY24.
Further, Q1FY25 interest earned was reported at ₹7,719.15 crore, up 19 per cent from ₹6,443.22 crore in Q1FY24.
At least nine companies are set to announce their Q1FY25 financial results today, on Saturday, July 20. These include Kotak Mahindra Bank, YES Bank, JK Cement, Poonawala Fincorp, RBL Bank, Newton Technologies, Can Fin Homes, ICRA, and Rossari Biotech.
The Q1FY25 earnings season started from July 8 and prominent companies are among those set to declare their Q1 results this week. A host of other prominent companies will release their earnings reports in the coming weeks. Covering various sectors, the Q1FY25 earnings reports are expected to have a significant impact on stock movements in the BSE and NSE, and offer insights into the broader economic landscape.
