YES Bank Q2 Profit Rises 65% to ₹1,080 Crore; AT1 Judgment Could Mean ₹5,217 Crore Loss
YES Bank reported second-quarter net profit of ₹1,080 crore, up 65%. Its pro-forma calculations show a post-tax loss of ₹5,217 crore if the estimated ₹8,415-crore impact of the Additional Tier-1 bond judgment were factored in.
YES Bank's net profit increased 65% to 1080 crore in the second quarter ended September. However, the bank's pro-forma calculations show that including the estimated impact of the 8415-crore Additional Tier-1 bond judgment would result in a post-tax loss of 5217 crore.