Yes Bank posted its earnings for the quarter ended September on Saturday afternoon.
What Happened: The lender reported a net profit of ₹553 crore, marking a robust 145.6% year-on-year (YoY) jump from the ₹225 crore posted in the same quarter last year.
Net Interest Income — the difference between a lender's income from lending activities and interest paid to depositors — for the quarter stood at ₹2,200 crore, reflecting a 14.3% YoY increase, with Net Interest Margins (NIMs) coming in at 2.4%. Operating profit reached ₹975 crore, up 21.7% YoY.
See Also: Coal India Q2: Net Profit Down 21.8% To ₹6,289 Cr, Misses Estimates
The Gross Non-Performing Assets ratio declined both Y-o-Y and quarter-on-quarter (QoQ), reaching 1.6% compared to 2.0% in Q2 FY24 and 1.7% in the previous quarter.
The Net Non-Performing Assets ratio remained stable on a QoQ basis at 0.5% in Q2 FY25, while showing a notable improvement YoY from 0.9% in Q2 FY24.
Gross Slippages amounted to ₹1,314 crore, reflecting a slight increase compared to ₹1,263 crore in Q2 FY24 and ₹1,204 crore in Q1 FY25.
Read Next: Suzlon Peer’s Q2 Revenue Surges 98%, Orderbook At All-Time High
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
