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(28/10/2026 20:53)

YES Bank Q2 net profit jumps 65.02% at Rs 1080.00 cr

The bank reported standalone net profit of Rs 1,080.00 crore for the quarter ended September 30, 2026 as compared to Rs 654.47 crore in the same period last year, registering a year-on-yearÿgrowthÿof 65.02 per cent.

Interest income of the bank rose by 17.09 per cent at Rs 8639.80 crore for the quarter ended September 30, 2026 as against Rs 7378.84 crore in the corresponding period last year.

During the July-September quarter, total income rose moderately by 16.60 per cent to Rs 10,521.35 crore from Rs 9,023.15 crore in the year ago period.

Meanwhile, operating expenses increased by 14.45 per cent to Rs 8,843.52 crore from Rs 7,726.65 crore in the same period last year.

Operating profit surged 29.41 per cent to Rs 1,677.83 crore from Rs. 1,296.50 crore.

Provisions and Contingencies slipped by 24.24 per cent at Rs 317.39 crore from Rs 418.95 crore a year ago.

NII, the difference between interest earned on loans and interest paid on deposits, increased by 22.66 per cent at Rs 2,822.34 crore versus Rs 2,300.88 crore in the year ago period. Non-interest income rose 14.43 per cent year-on-year to Rs 1,881.55 crore.

On the asset side, gross non- performing assets (NPAs)ÿfellÿto 1.20 per cent of the gross advances as at the end of September 30, 2026 from a level of 1.60 per cent year earlier. Its net NPAs or bad loans tooÿdeclinedÿto 0.20 per cent of net advances on September 30, 2026 from 0.30 per cent a year ago.