Yes Bank reported a 55.4% year-on-year increase in net profit for Q3FY26, reaching ₹952 crore. The bank cited robust operational performance, improved asset quality, and sustained CASA momentum as key drivers. The board has expressed confidence in meeting strategic objectives and building long-term shareholder value. Further details are provided in the investor presentation.
Key Financial Highlights
- Net profit reached ₹952 crore, a 55.4% increase year-over-year. Adjusted for gratuity impact, profit stood at ₹1,068 crore, up 74.4% year-over-year.
- Operating profit adjusted for gratuity impact: ₹1,389 crore, up 28.7% year-over-year.
- Net Interest Income (NII): ₹2,466 crore, up 10.9% year-over-year.
- NIM at 2.6% for Q3FY26 compared to 2.4% in Q3FY25.
- Non-interest income totaled ₹1,633 crore, reflecting an 8.0% year-over-year increase.
Asset Quality Improvement
- Gross NPA ratio decreased to 1.5%, down 10 bps quarter-over-quarter.
- Net NPA ratio remained stable at 0.3% quarter-over-quarter.
- Provision coverage ratio (PCR) improved to 83.3%.
- Slippages were lower at 1.6% of advances.
Balance Sheet Performance
- Total deposits reached ₹2,92,524 crore, growing 5.5% year-over-year.
- CASA deposits totaled ₹99,483 crore, reflecting an 8.5% year-over-year increase.
- CASA ratio stood at 34.0%.
- Net advances grew to ₹2,57,451 crore, up 5.2% year-over-year.
Strategic Developments
- Yes Bank was included in the NIFTY Bank Index effective December 31, 2025.
- S&P Global ESG Score improved from 73 to 79 in 2025.
- Opened 33 new branches during Q3FY26.
Source: BSE
