Yes Bank Q1 Results: Net profit surges 34% YoY to Rs 1,071 crore; NII advances 18%
Yes Bank reported a 34% year-on-year increase in net profit to Rs 1,071 crore for the first quarter of FY27. The bank saw improvements in asset quality and core earnings, despite a rise in non-performing assets on a sequential basis.
Why it matters
Strong financial performance from private lenders is a key indicator of economic health and banking sector stability in India.
Yes Bank on Saturday reported a standalone net profit of Rs 1,070.99 crore for the April-June quarter of FY27, a 34% year-on-year (YoY) rise from Rs 801.07 crore posted in the corresponding quarter of the previous financial year.The private lender’s net interest income, which is the difference between interest earned and interest expenses, rose around 17.5% YoY to Rs 2,786,46 crore during the first quarter of the ongoing financial year, as against Rs 2,371.47 crore in the year-ago period.Yes Bank’s asset quality improved on a YoY basis, but non-performing assets rose sequentially. Its gross NPA stood at Rs 3,705 crore at the end of the quarter, lower than the Rs 4,022 crore reported in Q1 FY26 but higher than Rs 3,605 crore in Q4 FY26.
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