YES Bank posts 59% profit jump in Q1

YES Bank reported net profit of INR 801 crores for Q1 FY26, a 59.4% year-over-year increase and 8.5% sequential growth, marking its seventh consecutive quarter of sequential profit expansion.

Return on Assets improved by 30 basis points to 0.8%. Pre-Provisioning Operating Profit rose 53.4% year-over-year to INR 1,358 crores.

Net Interest Income increased 5.7% to INR 2,371 crores, with Net Interest Margin rising to 2.5% from 2.4%. Asset quality remained stable with Gross NPA at 1.6% and Net NPA at 0.3%.

The bank targets 1% ROA by FY27 and a 3% NIM handle.