YES Bank Reports 59.4% YoY Jump in Q1 Net Profit to ₹801 Crores, Marks Seventh Consecutive Quarter of Growth
Yes Bank's Q1 financial results show robust growth with net profit up 59.4% YoY to ₹801.00 crores. Pre-Provisioning Operating Profit rose 53.4% to ₹1,358.00 crores, while Net Interest Income increased 5.7% to ₹2,371.00 crores. The bank maintained stable asset quality with Gross NPA at 1.6% and Net NPA at 0.3%. Return on Assets improved to 0.8% from 0.5% last year. The bank saw growth in advances and deposits, with a strong capital position reflected in a CET1 ratio of 14% and CRAR of 16.2%. Multiple credit rating upgrades were received, including from Moody's to Ba2 with a stable outlook.

*this image is generated using AI for illustrative purposes only.
Yes Bank , one of India's leading private sector banks, has reported a robust financial performance for the first quarter, demonstrating consistent growth and improved profitability.
Key Highlights
- Net profit surged 59.4% year-on-year to ₹801.00 crores
- Pre-Provisioning Operating Profit (PPOP) rose 53.4% YoY to ₹1,358.00 crores
- Net Interest Income increased 5.7% YoY to ₹2,371.00 crores
- Return on Assets (ROA) improved to 0.8% from 0.5% in Q1 last year
- Gross NPA ratio remained stable at 1.6%, Net NPA at 0.3%
Consistent Growth and Profitability
Yes Bank has reported a net profit of ₹801.00 crores for Q1, marking a significant 59.4% increase year-on-year and an 8.5% growth sequentially. This performance represents the seventh consecutive quarter of sequential profit expansion for the bank, underscoring its commitment to sustainable growth.
The bank's Pre-Provisioning Operating Profit (PPOP) showed impressive growth, rising by 53.4% YoY to ₹1,358.00 crores. This marks the fourth consecutive quarter of PPOP expansion, supported by stable Net Interest Margins (NIMs), treasury income, and continued discipline in expense management.
Improved Asset Quality and Operational Efficiency
Yes Bank's asset quality remained stable, with the Gross Non-Performing Asset (NPA) ratio at 1.6% and the Net NPA ratio at 0.3%. The NPA provision coverage ratio further improved to 80.2% from 79.7% in the previous quarter.
The bank's operational efficiency saw significant improvement, with the cost-to-income ratio decreasing to 67.1% from 74.3% in Q1 of the previous year. This improvement reflects the bank's focus on cost management and operational optimization.
Business Growth and Balance Sheet Strength
Advances grew by 5% year-on-year, with notable growth in the Commercial Banking and Corporate and Institutional Banking segments. Total deposits increased by 4% to ₹2.75 lakh crores, with retail and branch-led deposits showing strong growth of 20% YoY.
The bank's capital position remained strong, with the CET1 ratio improving to 14% and the total capital adequacy ratio (CRAR) at 16.2%.
Credit Rating Upgrades
Yes Bank received multiple credit rating upgrades during the quarter, including an upgrade from Moody's to Ba2 with a stable outlook. These upgrades reflect the bank's improved financial profile and stronger loss absorption buffers.
Management Commentary
Prashant Kumar, Managing Director and CEO of Yes Bank, commented on the results, stating, "Our focus on profitable growth has yielded positive results, as evidenced by our seventh consecutive quarter of profit expansion. We remain committed to improving our asset quality, enhancing operational efficiency, and delivering sustainable returns to our stakeholders."
Outlook
Yes Bank's management expressed confidence in maintaining this growth trajectory, targeting a Return on Assets (ROA) of 1% by the exit of FY26. The bank continues to focus on reducing its Rural Infrastructure Development Fund (RIDF) deposits, optimizing its balance sheet, and enhancing its digital capabilities to drive future growth.
As Yes Bank navigates through the evolving economic landscape, its consistent performance and strategic initiatives position it well for continued success in the Indian banking sector.
Historical Stock Returns for Yes Bank
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.05% | -2.83% | -3.11% | +6.00% | -20.39% | +59.35% |