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YES Bank pays Rs 1.25 bn advance tax for first quarter
Source: IRIS | 16 Jun, 2014, 01.06PM
Rating: NAN / 5 stars.
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YES Bank, one of the leading private sector banks, said on Monday the bank has paid Rs 1.25 billion advance tax for the first quarter of fiscal 2014-15.

In the preceding quarter, the bank has paid Rs 1.04 billion as advance tax.

Recently, the bank has reported growth of 18.79% in its fourth quarter net profit. It earned a profit of Rs 4.3 billion for the quarter ended Mar. 31, 2014. 

The bank's quarterly income totaled at Rs 30.14 billion, an increase of 12.99% over Rs 26.67 billion in the same period a year ago. 

Shares of the bank gained Rs 1, or 0.19%, to trade at Rs 528.40 at the BSE (1.00 p.m., Monday).



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