For the quarter ending March 31, 2025, YES Bank recorded a standalone net profit of Rs 738.12 crore, up 63.7% from Rs 451.9 crore in the same quarter the previous year. Better asset quality, reduced provisions, and increased interest income were the main drivers of the robust rise.
The quarter’s total revenue increased to Rs 9,355.4 crore from Rs 9,015.8 crore in the previous year. While other income rose to Rs 1,739.3 crore from Rs 1,568.6 crore year over year, interest income increased little to Rs 7,616.1 crore from Rs 7,447.2 crore.
The bank’s operating profit before provisions stood at Rs 1,314.4 crore, a notable rise from ₹902.5 crore in the year-ago period. Provisions and contingencies fell sharply to Rs 318.1 crore from Rs 470.9 crore, bolstering net profitability.
On the asset quality front, YES Bank reported gross non-performing assets (NPAs) of Rs 3,935.6 crore, with the gross NPA ratio improving to 1.6% from 1.7% a year earlier. Net NPAs declined to Rs 800 crore, bringing the net NPA ratio down to 0.3% from 0.6% in the same period last year.
In the current quarter of FY24, the net interest income (NII) of the bank increased by 5.7% to reach Rs 2,276.3 crore. This figure represents the difference between the interest income generated from lending activities and the interest paid to depositors. It is a notable improvement from the Rs 2,153 crore reported in the same quarter of the previous fiscal year.
In FY25, the bank recorded a substantial growth in net profit, posting a figure of Rs 24,058.6 crore compared to Rs 12,510.8 crore in the previous fiscal year FY24.
Prashant Kumar, Managing Director & CEO, YES BANK, said: “The Q4FY25 marked yet another important quarter for YES BANK as it continued to make steady improvements across several key metrics and progressed well on the strategic objective of improving its profitability. The Bank exited the year with quarterly RoA of 0.7%, b) achieved 100% PSL compliance, c) further improved its Gross NPA and Net NPA ratios to 1.6% and 0.3% respectively – lowest levels since Mar’20, d) Brought down the net carrying value of Security Receipts to ‘NIL’ and e) Furthered expanded the CASA ratio by 340 bps Y-o-Y to 34.3% in FY25.”
On Thursday, April 17, YES Bank’s shares finished at Rs 18.09, representing a gain of Rs 0.22, or 1.23%, on the BSE platform.
In the fourth quarter of the fiscal year 2025, YES Bank shares fell 12.75%, according to statistics from stock exchanges. The Mumbai-based lender announced a net profit of ₹612 crore for the quarter that ended in December 2024, a notable 165% rise over the ₹231 crore for the same period the year before. Furthermore, compared to the same time previous year, the bank’s net interest income climbed by 10% to ₹2,223.52 crore from ₹2,016.88 crore.
With YES Bank’s gross non-performing assets (GNPA) dropping from 2% of total advances to 1.6% during the December quarter, the bank’s asset quality showed improvement. Its net non-performing asset (NPA) also improved from 0.9% to 0.5% at the same time previous year.
YES Bank’s remarkable December quarter results were fueled by a notable decline in non-performing loan charges. In the December quarter, the bank allocated ₹258.68 crore for bad loans, which is a significant drop from the ₹555 crore allocated at the same time last year.
