Yes Bank on Saturday reported a 33.7 percent year-on-year rise in standalone net profit for the quarter ended June 2026 (Q1 FY27) to Rs 1,070.99 crore, from Rs 801 crore in the corresponding period last year.
Net interest income (NII), the difference between interest earned and interest paid, increased 17.5 percent year-on-year to Rs 2,786.46 crore from Rs 2,371 crore a year earlier.
Yes Bank's net interest margin (NIM) improved to 2.7 percent from 2.5 percent in the year-ago quarter, helped by a lower cost of deposits and a reduction in balances of PSL shortfall deposits.
Asset quality improved during the quarter, with the gross non-performing asset (GNPA) ratio declining to 1.3 percent from 1.6 percent a year earlier, while the net NPA ratio eased to 0.2 percent from 0.3 percent.
The lender's operating profit rose 25.5 percent year-on-year to Rs 1,704 crore, while non-interest income increased 2.6 percent to Rs 1,798 crore.
Yes Bank shares had ended Friday's session at Rs 23.61, down 0.59 percent for the day. The stock is up 9.5 percent so far in 2026, outperforming the Nifty 50, which has declined 6.9 percent over the same period.