Helped by higher interest income and growth in its corporate banking division, Yes Bank Ltd beat analysts' estimates for quarterly profit on Thursday.
Analysts were expecting Rs 12.15 billion, according to Thomson Reuters I/B/E/S data which compiled data from 22 analysts.
Interest earned rose 41.3 per cent to Rs 65.78 billion.
The company took a mark-to-market loss of Rs 926.7 million in the quarter, it said, relating to bond-trading losses incurred in December 2017 and March 2018 quarters as a result of a spike in bond yields in the recent months.
It said it will spread Rs 2.78 billion over the subsequent quarters.