Yes Bank Q2 net up 58% to Rs 176.26 crore

New age lender Yes Bank on Wednesday reported a 58 per cent rise in net profit to Rs 176.26 crore in the second quarter of the 2010-11 financial year over the corresponding period.

The bank had a net profit of Rs 111.71 crore in the September quarter of last financial year, Yes Bank said in a statement.

Further, the private sector bank's total income during the period stood at Rs 1,084.79 crore, up about 60 per cent from Rs 678.49 crore in the September quarter of 2009-10.

Also, during the half-year ended September 2010, the bank clocked a net profit of Rs 332.63 crore, up from Rs 211.78 crore in the comparable period, it said.