Yes Bank reported a standalone net profit of Rs 738.12 crore for the quarter ended March 31, 2025, registering a 63.7 percent year-on-year growth as compared to Rs 451.9 crore in the same quarter last year. The strong performance was supported by higher interest income, lower provisions and improvement in asset quality.
Total income during the quarter rose to Rs 9,355.4 crore, marginally higher than Rs 9,015.8 crore in the same period last year. Interest income stood at Rs 7,616.1 crore as against Rs 7,447.2 crore a year ago. Other income also witnessed a growth, rising to Rs 1,739.3 crore from Rs 1,568.6 crore year-on-year.
The bank’s operating profit before provisions rose to Rs 1,314.4 crore from Rs 902.5 crore in the year-ago quarter. Provisions and contingencies declined significantly to Rs 318.1 crore from Rs 470.9 crore last year, contributing to the strong bottom-line performance.
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 per cent from 1.7 per cent in the same quarter last year. Net NPA stood at Rs 800 crore, with the net NPA ratio improving to 0.3 per cent from 0.6 per cent year-on-year.
For the full financial year FY25, the bank reported a net profit of Rs 24,058.6 crore, up significantly from Rs 12,510.8 crore reported in FY24.
On 17 April, Yes Bank shares closed 1.1% higher at Rs 18 per share on the BSE.
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