The bank had a net profit of Rs 63.62 crore in the September quarter of FY'09, Yes Bank said in a filing to the Bombay Stock Exchange.
The total income of the bank rose to Rs 678.49 crore during the second quarter, up from Rs 569.93 crore in the corresponding period a year-ago.
"The bank continues to pursue its growth strategy in a visibly improving credit environment. It has launched customised products in the branch banking segment to meet the specific needs of SME sector," Yes Bank Managing Director and CEO Rana Kapoor said.
During the quarter the bank's interest income rose by 7.61 per cent to Rs 526.91 crore, while the interest expenses dipped marginally to Rs 366.96 crore compared to the same period last fiscal.
Shares of Yes Bank were trading at Rs 246.10, down 3.07 per cent over previous close on the BSE.
The Financial Express
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