Yes bank Q1 net profit up 33.4% on better interest income
Yes Bank reported a 33.4% increase in net profit to ₹1,071 crore for the first quarter of fiscal 2026. The growth was driven by higher net interest income and improved asset quality.
Why it matters
Financial performance reports for major banks are key indicators of the health of the broader banking sector and economic stability.
Yes Bank net profit increased 33.4% to ₹1071 crore on increase in net interest income in quarter ended June 30 2026, as against ₹802 crore in the year ago period.
The net interest income increased 17.5% to ₹2786.4 crore in the first quarter of fiscal 2026 as against ₹2371.5 crore compared with the corresponding quarter of last year.
The net interest margin increased mildly to 2.7% in the recently concluded quarter as against 2.5% in the year ago period.
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