Yes Bank may beat consensus profit forecast for the October-December quarter when it reports results on Wednesday, Thomson Reuters StarMine's SmartEstimates shows.
StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Yes Bank to report a profit of Rs 396 crore for the quarter, compared with a consensus mean estimate of Rs 390 crore.
IndusInd Bank, a peer of the company, posted a 30 per cent rise in its December-quarter net profit on Friday.
Dealers say changes in non-performing loans are also important to watch in bank results.
Yes Bank shares were up 1.45 per cent at 10.59 a.m.
Copyright Thomson Reuters 2014
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