Yes Bank Q4 net profit rises 63%

The quarter ending March 31, 2025, saw YES Bank record a standalone net profit of Rs 738.12 crore, up 63.7 percent year over year from Rs 451.9 crore in the same quarter the previous year. Improved asset quality, lower provisions, and increased interest revenue all contributed to the impressive outcome. 

 The quarter's total revenue increased to Rs 9,355.4 crore, a little increase over the same period last year, when it was Rs 9,015.8 crore. Interest income was Rs 7,616.1 crore, down from Rs 7,447.2 crore in the previous year. Year-over-year, other income increased as well, rising from Rs 1,568.6 crore to Rs 1,739.3 crore.

Compared to the same quarter last year, the bank's operational profit before provisions increased to Rs 1,314.4 crore from Rs 902.5 crore. The good bottom-line performance was aided by a considerable drop in provisions and contingencies, which went from Rs 470.9 crore to Rs 318.1 crore last year. 

 Regarding asset quality, YES Bank recorded gross non-performing assets (NPAs) of Rs 3,935.6 crore, up from 1.7 percent in the same quarter the previous year, with a gross NPA ratio of 1.6 percent. 

 Net non-performing assets (NPAs) totaled Rs 800 crore, and the net NPA ratio improved from 0.6 percent to 0.3 percent over the previous year. The bank declared a net profit of Rs 24,058.6 crore for the entire fiscal year FY25, a significant rise from the Rs 12,510.8 crore recorded in FY24.