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Yes Bank profit of Rs 202.4 crore in Q4, share fell 2 percent
Yes Bank’s profit stood at Rs 202.4 crore in the January-March quarter. During this period, the interest income ie NII stood at Rs 2,105 crore. On a quarterly basis, the gross NPA of the bank has increased from 2.02 to 2.17 percent. The bank has estimated a recovery of about Rs 5000 crore in the new business year as well. At the same time, the share of Yes Bank has fallen by two percent today.
Reliance Industries Limited’s profit increased by 19 percent
The profit of Reliance Industries Limited (RIL) increased by 19 percent to Rs 19,299 crore in the March quarter of the financial year 2022-23. This is the highest quarterly profit of the company so far. Record profit has come from the increase in income from oil and petrochemical business and strong growth of retail and telecom. Let us tell that in the same quarter a year ago, the company had a profit of Rs 16203 crore.
Good news will be available on 27th April
Apart from the buyback in Wipro’s board meeting, the results of the last quarter of the last financial year will also be discussed. On April 27, the company can release the results of the March quarter. On Friday, the share price of Wipro closed at a level of Rs 368 with a gain of 1.5 per cent. On Monday morning, the shares of the company were trading with a gain of more than 1 percent.
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