In the corresponding quarter of the previous fiscal, YES Bank posted a net profit of ₹451.9 crore, the bank said in a regulatory filing. The CNBC-TV18 poll had predicted a profit of ₹598.2 crore for the quarter under review.
Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, was up 5.7%, coming at ₹2,276.3 crore against ₹2,153 crore in the corresponding quarter of FY24. The CNBC-TV18 poll had predicted a Net interest income of ₹2,182.1 crore for the quarter under review.
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The gross non-performing asset (GNPA) stood at 1.6% in the March quarter against 1.6% in the December quarter. Net NPA came at 0.3% against 0.5% quarter-on-quarter.
In monetary terms, gross NPA stood at ₹3935.6 crore against ₹3,963.47 crore quarter-on-quarter, whereas net NPA came at ₹800.1 crore against ₹1,142.62 crore quarter-on-quarter. Provisions stood at ₹318.1 crore against ₹258.7 crore quarter-on-quarter and ₹470.9 crore (YoY).
The results came after the close of the market hours. On Thursday (April 17), shares of YES Bank ended at ₹18.09, up by ₹0.22, or 1.23% on the BSE.
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First Published: Apr 19, 2025 1:35 PM IST
