Yes Bank profit increased 252.94% in (Q2) FY 2020-21

Source

Team Infinities:

Yes Bank Limited NSE Symbol:YESBANK, BSE Security Code:532648 has declared its 2nd(second) quarter un-audited Consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by Yes Bank Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
59.72 61.23 83.48 120.95 174.53
Calculated Revenue of Yes Bank Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
1.51 2.47%(Revenue Decrease) 23.76 28.46%(Revenue Decrease) 53.58 30.70%(Revenue Decrease)

Revenue: Yes Bank Limited's financial report shows that the bank's revenue decreased by 2.47% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.1.51 billions, as the bank posted revenue of Rs.59.72 billions; in compare to previous quarter(April, 2020 - June, 2020) when the bank reported revenue of Rs.61.23 billions.
The result also shows that the bank's revenue decreased by 28.46% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.23.76 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the bank posted revenue of Rs.83.48 billions.
The bank also reported that its revenue decreased by 30.70% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.53.58 billions, since the bank reported revenue of Rs.120.95 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the bank posted revenue of Rs.174.53 billions.

Profit and Loss Reported by Yes Bank Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
1.20(Profit ) 0.34(Profit ) 6.29(Loss ) 1.54(Profit ) 5.34(Loss )
Calculated Profit and Loss of Yes Bank Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.86 252.94%(Profit Increase) 7.49 119.08%(Profit Increase) 6.88 128.84%(Profit Increase)

Profit and Loss / PAT(Profit after Tax): The bank's financial report shows that the bank's profit increased by 252.94% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.0.86 billion, as the bank posted profit of Rs.1.20 billions; in compare to previous quarter(April, 2020 - June, 2020) when the bank reported profit of Rs.0.34 billion.
The result also shows that the bank's profit increased by 119.08% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit increase of Rs.7.49 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the bank posted loss of Rs.6.29 billions.
The bank also reported that its profit increased by 128.84% in 6 months end(April, 2020 - September, 2020) for profit increase of Rs.6.88 billions, since the bank reported profit of Rs.1.54 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the bank posted loss of Rs.5.34 billions.

EPS Reported by Yes Bank Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
0.05 0.03 2.58(Negative) 0.09 2.24(Negative)
Calculated EPS of Yes Bank Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.02 66.67%(EPS Increase) 2.63 101.94%(EPS Increase) 2.33 104.02%(EPS Increase)

EPS /Earning per Share: The bank's financial report shows that the bank's EPS increased by 66.67% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.0.02, as the bank posted EPS of Rs.0.05; in compare to previous quarter(April, 2020 - June, 2020) when the bank reported EPS of Rs.0.03.
The result also shows that the bank's EPS increased by 101.94% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS increase of Rs.2.63; in compare to corresponding quarter(July, 2019 - September, 2019) when the bank posted Negative EPS of Rs.2.58.
The bank also reported that its EPS increased by 104.02% in 6 months end(April, 2020 - September, 2020) for EPS increase of Rs.2.33, since the bank reported EPS of Rs.0.09; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the bank posted Negative EPS of Rs.2.24.

 


***All amounts are given in Billion Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.