Yes Bank on Saturday reported a 55% increase in its December quarter standalone net profit at Rs 952 crore compared to Rs 612 crore reported in the year ago period. The lender earned an interest income of Rs 7,543 crore in Q3FY26, down 3.7% versus Rs 7,829 crore in the corresponding period of the last financial year.
The profit after tax (PAT) increased by 45% on a quarter-on-quarter basis compared to Rs 654 crore in Q2FY26.
Yes Bank paid Rs 5,078 crore in interests which was also down 9% YoY versus Rs 5,606 crore in the year ago period while remaining flat on a sequential basis.
Asset quality
Yes Bank’s gross non-performing assets (NPAs) fell by 10 bps on a YoY and QoQ basis to 1.5% while net NPAs dropped by 20 bps YoY to 0.3% while remaining flat QoQ.
More to come…