YES Bank Sees 45% Jump in Q4 Net Profit to Rs 1,068 Crore

YES Bank Reports 45% Rise in Standalone Net Profit for Q4FY26

YES Bank, a private lender, has reported a significant increase in its standalone net profit for the quarter ended March 31, 2026. The bank's net profit rose by 45% to Rs 1,068 crore, compared to Rs 739 crore in the year-ago period.

The improvement in net profit is attributed to the bank's improving loan growth and stable asset quality. YES Bank's asset quality marginally improved, with gross bad loans as a percentage of total loans declining to 1.3% at March-end from 1.5% at the end of December.

The bank's total income rose marginally to Rs 9,381 crore in Q4FY26, compared to Rs 9,356 crore in the year-ago period. Net interest income, or the difference between interest earned on advances and paid on deposits, increased marginally to Rs 7,650 crore.

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The bank made a one-time provision of Rs 341 crore in the March quarter, which does not reflect any deterioration in asset quality, impairment, or adverse credit development within the portfolio. Provisions for potential bad loans fell 41% to Rs 187 crore.

YES Bank's shares closed 2.3% higher at Rs 20.4 apiece on April 17. The bank's loan growth accelerated to 10.7% year-on-year during the quarter, driven by a pickup in corporate lending, while deposits rose 12.1%.

The bank's Managing Director & CEO, Vinay M. Tonse, highlighted the bank's strong performance in the quarter, with a Q4 RoA of 1.0% in line with its guidance, supported by a 20 bps improvement in NIMs, improvement in Cost to Income ratio, and the lowest GNPA and NNPA levels since FY20. The bank also marked an important strategic milestone with SMBC becoming its largest shareholder, reaffirming global institutional confidence in the bank's long-term potential.

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