Yes Bank Q3 Profit Jumps 55% to ₹952 Crore, NII Up 11% | Quick Digest

Yes Bank Q3 Profit Jumps 55% to ₹952 Crore, NII Up 11% | Quick Digest
Yes Bank reported a robust 55% year-on-year increase in its Q3 net profit, reaching ₹952 crore. The bank's Net Interest Income (NII) also saw an 11% rise, indicating strong core lending operations. This performance signals a steady recovery for the private lender.

Yes Bank's Q3 FY26 net profit surged 55% YoY.

Profit After Tax (PAT) stood at ₹952 crore for the quarter.

Net Interest Income (NII) grew by 11% year-on-year.

The bank's asset quality showed continued stability.

Gross Non-Performing Assets (NPAs) saw a slight decline to 1.5%.

News is relevant to India's financial and banking sector.

Yes Bank, a prominent Indian private sector lender, announced strong financial results for the third quarter of the fiscal year 2025-26, ending December 31, 2025. The bank reported a significant 55% year-on-year (YoY) jump in its standalone net profit, reaching ₹952 crore. This marks a substantial increase from the ₹612 crore profit recorded in the corresponding period of the previous fiscal year. The bank's Net Interest Income (NII), a key measure of profitability from its core lending activities, also demonstrated healthy growth, rising by 11% YoY. This indicates resilient core operations despite a competitive banking landscape. Furthermore, Yes Bank's asset quality showed continued stability during the quarter. Gross Non-Performing Assets (NPAs) witnessed a slight decline to 1.5% from 1.6% sequentially, while net NPAs remained flat at 0.3% quarter-on-quarter. Absolute gross NPAs decreased to ₹4,014.6 crore from ₹4,055.3 crore in the prior quarter, reinforcing an improving trend in its loan book health. Managing Director and CEO Prashant Kumar acknowledged that deposit mobilization remains a primary structural challenge for the banking sector, but expressed confidence in the bank's strategy focused on profitable and sustainable growth, aligning with India's economic momentum. The results underscore Yes Bank's ongoing efforts towards balance sheet repair and operational efficiency, positioning it for further incremental improvements in its performance.
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