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Informist, Saturday, Apr. 18, 2026

 

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--YES Bank Jan-Mar net profit INR 10.68 bln 
--Analysts saw YES Bank Jan-Mar net profit at INR 8.85 bln
--YES Bank Jan-Mar net profit INR 10.68 bln vs INR 7.38 bln year ago 
--YES Bank Jan-Mar total income INR 93.81 bln vs INR 93.55 bln year ago 
--YES Bank Jan-Mar provisions INR 1.88 bln vs INR 3.18 bln year ago 
--YES Bank gross NPA ratio 1.3% on Mar 31 vs 1.5% qtr ago 
--YES Bank net NPA ratio 0.2% on Mar 31 vs 0.3% qtr ago 
--YES Bank Basel III capital adequacy ratio 15.3% on Mar 31 
--YES Bank FY26 net profit INR 34.76 bln vs INR 24.06 bln year ago
--YES Bank FY26 total income INR 369.28 bln vs INR 367.52 bln year ago 
--YES Bank Jan-Mar net interest income INR 26.38 bln, up 16% on year 
--YES Bank Jan-Mar net interest margin 2.7%, up 10 bps QoQ 
--YES Bank: Net advances INR 2.73 tln on Mar 31, up 11.1% on year 
--YES Bank: Deposits INR 3.19 tln on Mar 31, up 12.1% on year 
--YES Bank: CASA ratio at 35.1% on Mar 31 vs 34.0% qtr ago 
--YES Bank Jan-Mar average liquidity coverage ratio 119% 
--YES Bank Jan-Mar gross slippages INR 11.02 bln vs INR 10.50 bln qtr ago 
--YES Bank Jan-Mar loan recoveries, upgrades INR 15.47 bln 
--YES Bank Jan-Mar cost of funds 5.80%, down 20 bps on qtr 
--YES Bank NPA provision coverage ratio 81.9% on Mar 31 
--YES Bank Jan-Mar cost of deposits 5.5% vs 5.6% qtr ago 

 

By Suryash Kumar

 

MUMBAI – YES Bank Ltd. posted a sharp on-year rise in its net profit for the March quarter as its provisions and contingencies fell sharply. The bank's total expenditure also fell, mainly due to a decline in interest expended, which boosted its profit.

 

YES Bank's net profit for the March quarter was INR 10.68 billion, up nearly 45% on year. Its total expenditure fell over 3% to INR 77.63 billion. Provisions and contingencies were down nearly 41% at INR 1.88 billion. The bank's total income was up marginally on year at INR 93.81 billion in the March quarter, but was up over 2% sequentially. Although muted, the bank's total income rose for the first time in three quarters

 

The bank managed to beat consensus estimates for net profit easily. Analysts had pegged its bottom line to rise 20% to INR 8.85 billion for the March quarter. The Street had projected the bank's interest income to rise 11% on year to INR 25.19 billion, which the company surpassed by reporting a 16% year-on-year growth to INR 26.38 billion. Its net interest margin rose 10 basis points on quarter to 2.7%.

 

YES Bank reported an 11% rise in net advances to INR 2.73 trillion as on Mar. 31, while its deposits rose 12% to INR 3.19 trillion. The bank's current account savings account ratio was 35.1% as on Mar. 31, up from 34% a quarter ago. Its capital adequacy ratio was 15.3% as on Mar. 31.

 

The bank's loan recoveries and upgrades for the March quarter were INR 15.47 billion. The bank's asset quality showed signs of improvement, with its gross non-performing asset ratio as on Mar. 31 improving to 1.3% from 1.5% a quarter ago. The bank's net non-performing asset ratio was 0.2% as on Mar. 31, down from 0.3% a quarter ago. The bank's non-performing asset provision coverage ratio was 81.9% as on Mar. 31, down from 83.3% a quarter ago. The company reported an uptick in gross slippages to INR 11.02 billion for the March quarter, from INR 10.50 billion a quarter ago.

 

The lender's Jan-Mar average liquidity coverage ratio was 119%. Its cost of funds for the March quarter was 5.80%, down 20 bps on quarter, while its cost of deposits fell to 5.5% for the reporting quarter, down from 5.6% a quarter ago.

 

The bank's net profit for the financial year 2025-26 (Apr-Mar) was INR 34.76 billion, up over 44% from the previous year. Its total income for FY26 was INR 369.28 billion, up 0.48%. On Friday, shares of the bank ended over 1% higher at INR 20.19 on the National Stock Exchange.  End

 

Edited by Ashish Shirke

 

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