YES Bank posted a strong 63.7 percent year-on-year growth in net profit to Rs 738.12 crore for the fourth quarter ending March 31, 2025. In the same quarter last year, the bank had reported a profit of Rs 451.9 crore. The rise in profit was helped by better interest income, lower provisions, and improvement in asset quality.
The bank’s total income during the quarter rose to Rs 9,355.4 crore, compared to Rs 9,015.8 crore a year ago. Interest income increased to Rs 7,616.1 crore from Rs 7,447.2 crore in the previous year. Other income also grew, reaching Rs 1,739.3 crore compared to Rs 1,568.6 crore last year.
Operating profit before provisions increased to Rs 1,314.4 crore from Rs 902.5 crore this time last year. Provisions and contingencies decreased significantly to Rs 318.1 crore from Rs 470.9 crore, helping to increase profits as well.
YES Bank’s asset quality improved. Gross non-performing assets (NPA) reduced to Rs 3,935.6 crore, with the gross NPA ratio at 1.6 percent as against 1.7 percent last year. Net NPAs remained at Rs 800 crore, with the net NPA ratio strengthening to 0.3 percent from 0.6 percent previously.
For the entire financial year FY25, the lender’s net profit stood at Rs 24,058.6 crore, higher than Rs 12,510.8 crore from FY24. YES Bank shares closed at Rs 18 per share on BSE on April 17, up by 1.1 percent.
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Source: Moneycontrol.
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