Yes Bank Q1 Profit Soars 59%

  Published 1 year ago

Yes Bank Q1FY26 net profit jumped 59% YoY to ₹801 crore, driven by stable asset quality and improved operating performance.

  • Net interest income rose 5.7% to ₹2,371 crore; non-interest income climbed 10.9%, aiding total earnings growth.
  • Gross NPA steady at 1.6%; provision coverage improved to 80.2%; advances up 5% YoY, led by commercial banking.
  • Sumitomo Mitsui to acquire 20% stake; Moody’s, CARE, ICRA upgraded Yes Bank’s long-term ratings during the quarter.
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