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The Economic Times

Debaroti Adhikary

Yes Bank shares drop 4% after Q1 results. What are Nuvama, other brokerages saying?

YES Bank Nuvama JM Financial

Shares of Yes Bank declined 4% to Rs 22.70 on the BSE on Monday even after the private lender reported a standalone net profit of Rs 1,070.99 crore for the April-June quarter of FY27, a 34% year-on-year (YoY) rise from Rs 801.07 crore posted in the corresponding quarter of the previous financial year.

Yes Bank on Saturday announced that its net interest income, which is the difference between interest earned and interest expenses, rose around 17.5% YoY to Rs 2,786,46 crore during the first quarter of the ongoing financial year, as against Rs 2,371.47 crore in the year-ago period.

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