Yes Bank reported a net profit of INR 1,068 Crs for the quarter ended March 31, 2026 (Q4FY26), marking a 44.5% increase from INR 738 Crs in the corresponding period of the previous year. The bank’s financial performance for the period was driven by robust growth in net interest income and improved operational efficiency, alongside a consistent enhancement in asset quality metrics.

The bank’s net interest income (NII) for Q4FY26 rose by 15.9% year-on-year to INR 2,638 Crs, aided by balance sheet growth and higher net interest margins. The NIM for the quarter improved to 2.7%, an increase of 20 basis points year-on-year and 10 basis points quarter-on-quarter. For the full financial year FY26, NII grew by 9.3% to INR 9,776 Crs, with an annual NIM of 2.6%.

Operating profit for Q4FY26 increased by 23.1% year-on-year to INR 1,618 Crs, while total operating expenses grew marginally by 1.8% to INR 2,750 Crs. The cost-to-income ratio improved to 63.0% in Q4FY26 from 67.3% in Q4FY25. Non-interest income for the quarter stood at INR 1,730 Crs, up 6.0% quarter-on-quarter, with core fees rising by 7.2% to INR 1,648 Crs.

Asset quality showed significant improvement during the quarter. The gross NPA (GNPA) ratio declined to 1.3% in Q4FY26, down by 30 basis points year-on-year and 20 basis points quarter-on-quarter. The net NPA (NNPA) ratio stood at 0.2%, a reduction of 10 basis points compared to both the previous quarter and the prior year. The provision coverage ratio (PCR) was recorded at 81.9%. Provisions and contingencies for the quarter decreased by 41.0% year-on-year to INR 188 Crs.

Key Financial Metrics (Q4FY26 vs Q4FY26)

Balance Sheet and Capital Adequacy

The bank’s balance sheet expanded by 10.8% year-on-year, with advances growing by 11.1% to INR 2,73,445 Crs and deposits increasing by 12.1% to INR 3,18,969 Crs as of March 31, 2026. The CASA ratio improved to 35.1%, up from 34.3% in the previous year. The credit-deposit (C/D) ratio stood at 85.7%.

The Common Equity Tier 1 (CET 1) ratio was reported at 13.8%, while the total capital adequacy ratio remained robust, supporting the bank’s growth plans. The bank also noted that its Priority Sector Lending (PSL) shortfall was nil across sub-categories, with mandated deposits expected to reduce further.

yes bank engaged with 11 institutional investors during a virtual group meeting held on June 1, 2026, as part of the Goldman Sachs Asia Financials Corporate Day 2026. The interaction, conducted via video conference from 10:00 AM to 11:00 AM IST, served as a platform for the bank to present its outlook to key market participants without disclosing any unpublished price sensitive information.

The meeting was convened in accordance with Regulation 30 read with clause 15 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates timely disclosure of material events, including the outcome of analyst and investor conferences, to ensure transparency and maintain market integrity.

Participating Institutions

The session featured a diverse group of asset managers and financial institutions. The following entities participated in the virtual group meeting:

The disclosure regarding this meeting was submitted to the National Stock Exchange of India Limited and BSE Limited. Sanjay Abhyankar, Company Secretary of Yes Bank, confirmed that the proceedings adhered to regulatory standards and that no material non-public information was transmitted during the discussions.