Earnings: Yes Bank Q3 profit up 30% on higher interest income

New Delhi: Private sector lender Yes Bank's standalone net profit rose 30 per cent to Rs 540.29 crore in the third quarter ended December 31 on higher interest income.The bank had posted a net profit of Rs 415.60 crore in the corresponding October-December quarter of 2013-14."Total income has increased from Rs 2,902 crore for the quarter ended December 31, 2013 to Rs 3,508.47 crore for the quarter ended December 31, 2014," it said in a filing to the BSE.The interest earned rose to Rs 2,971.66 crore during the October-December period of 2014-15, up from Rs 2,514.12 crore a year ago.Bank's income on investments increased to Rs 888.74 crore in the third quarter, from Rs 840.02 crore in the year-ago period.However, the non-performing assets (NPAs) were sightly up with the gross bad loans as a percentage of advances rising to 0.42 percent from 0.39 percent a year ago.The net NPAs inched up to 0.10 per cent in Q3 FY15 from 0.08 per cent in the corresponding period a year earlier.Yes Bank shares closed 0.63 percent up at Rs 786.80 per share.