Yes Bank reports a 34% year-on-year increase in quarterly net profit, even as provisioning expenses rise. In the quarter reported (Q1), the private sector lender posts a bottom-line of Rs 1,071 crore, up from Rs 801 crore in the same quarter of the previous fiscal year. Alongside the profit growth, the bank’s provisions increase, but the bank says its asset quality remains stable. The reporting focuses on the balance between higher profitability and higher provisioning during the quarter, with asset quality assessed as not deteriorating materially. Across the coverage provided, the main figures highlighted are the net profit growth rate and the absolute profit figures for the quarter compared with the prior-year period, as well as the stated impact of rising provisions and stable asset quality. The information is presented as the bank’s performance for the quarter under review, without additional details on guidance or other segment-level changes in the supplied excerpts.