Yes Bank - Q4FY12 Result First Cut - Microsec Research

Yes Bank Ltd has announced its Q4FY12 along with Annual FY12 result on 25th April 2012.

On the quarterly basis, the bank's total income grew by 11.83% QoQ and 33.50% YoY to INR714.58 crores mainly, because of 28.62% and 42.62% YoY growth in Net Interest Income (NII) and other income respectively. Profit After Tax (PAT) increased by 6.97% QoQ and 33.64% YoY to INR271.80 crores.

For the whole year of FY2012, the bank's total income grew by 32.22% YoY to INR2472.75 crores while, Profit After Tax (PAT) increased by 34.36% YoY to INR976.99 crores. On the assets quality front, the NNPA and GNPA of the bank stood at 0.05% and 0.22% respectively. Moreover, the bank has maintained its Net Interest Margin (NIM), stood at 2.80%.

However, the bank is in good position to tame any time liabilities with 79.20% of its Provision Coverage Ratio (PCR). Capital Adequacy Ratio (CAR) stood at 17.94%, which is almost double than the regulator's stipulated norm.

Source : Equity Bulls

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