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via economictimes.indiatimes.comBusiness & Companies

Yes Bank shares rise as Q2 profit beats estimates, but AT1 bond verdict hit pegged at Rs 5,217 crore

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Yes Bank shares rose after falling 17% over two sessions, following a 65% year-on-year jump in Q2 net profit to Rs 1,080 crore. However, the lender cautioned that the reported earnings exclude the potential impact of the Supreme Courts AT1 bond ruling.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe stock rebounds after profit beats, but the AT1 verdict could weigh on future results.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Yes Bank shares rose after falling 17% over two sessions.
  2. 02Q2 net profit jumped 65% year on year to Rs 1,080 crore.
  3. 03The lender warns reported earnings exclude the Supreme Court AT1 bond ruling impact.

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