New Delhi, May 3 (PTI) Shares of Yes Bank on Monday declined over 4 per cent after the company reported a loss of Rs 3,790 crore on a consolidated basis for the March quarter.

The stock tumbled 13.40 per cent to Rs 12.60 on the BSE during the day. It closed at Rs 13.91, a decline of 4.40 per cent.

On the NSE, it declined 4.12 per cent to close at Rs 13.95.

In traded volume terms, 243.15 lakh shares were traded at the BSE and over 24.89 crore units at the NSE during the day.

Yes Bank on Friday reported a Rs 3,790 crore loss on a consolidated basis for the March quarter, as against a profit of Rs 2,665 crore in the year-ago period, as the asset quality reverses faced due to the COVID-19 pandemic forced the bank to set aside money for potential loan losses.

The bank, which had to be bailed out in an SBI-led rescue a year ago, narrowed its losses in FY21 to Rs 3,488 crore as against Rs 16,432 crore in FY20.

On a standalone basis, it reported a loss of Rs 3,787 crore in the March quarter as against a Rs 2,628 crore net profit in the year-ago period.

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