Q2 2021 Yes Bank Ltd Earnings Call Transcript

Oct 23, 2020 / 12:30PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the YES Bank Limited Q2 FY '21 Results Conference Call. We have with us on the call today, Mr. Prashant Kumar, MD and CEO; Mr. Anurag Adlakha, Group Chief Financial Officer; Mr. Ashish Agarwal, Global Head, Wholesale Banking; Mr. Rajan Pental, Global Head, Branch and Retail Banking; Mr. Niranjan Banodkar, Head Financial and Investor Strategy. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Prashant Kumar, MD and CEO, YES Bank. Thank you, and over to you, sir.

Prashant Kumar - Yes Bank Limited - CEO, MD & Director

Thank you, and welcome, everyone to the quarter 2 results of YES Bank. Very happy to report a net profit of INR 129 crores as compared to INR 45 crores profit last quarter and as compared to a loss of INR 600 crores in the corresponding quarter last year. The entire -- the presentation on the results is in the backdrop of the reconstruction of the brand, which happened just 6 months back and also because of the impact of COVID on

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