YES Bank Q4 Results: Net Profit Soars 64% To Rs 738 Crore

YES Bank reported a steady rise in its overall financial performance for the quarter ended March, with total income edging up to Rs 9,355.4 crore, compared to Rs 9,015.8 crore in the previous year

Yes Bank reported a steady rise in its overall financial performance for the quarter ended March 2025

Source : YES Bank

YES Bank delivered a robust performance in the January–March 2025 quarter (Q4), posting a 63.7 per cent year-on-year (YoY) increase in net profit, which rose to Rs 738.12 crore. This marks a significant improvement from the Rs 451.9 crore profit reported during the same period last year. The strong earnings growth was driven by a combination of higher interest income, lower provisioning requirements, and an overall improvement in asset quality.

“During the quarter and year ended March 31, the Bank has allotted 3,257,773 and 26,471,398 equity shares of Rs 2 each respectively, pursuant to the exercise of stocks options by employees under the approved employee stock option schemes,” YES Bank said in a regulatory filing.

YES Bank reported a steady rise in its overall financial performance for the quarter ended March 2025, with total income edging up to Rs 9,355.4 crore, compared to Rs 9,015.8 crore in the same quarter of the previous year. The bank’s interest income showed moderate growth, increasing to Rs 7,616.1 crore from Rs 7,447.2 crore in the March 2024 quarter. Additionally, non-interest or other income contributed positively, rising to Rs 1,739.3 crore from Rs 1,568.6 crore year-on-year.

Operationally, the bank strengthened its position, with operating profit before provisions rising sharply to Rs 1,314.4 crore, up from Rs 902.5 crore in the corresponding quarter last year. A significant boost to the bottom line came from a notable reduction in provisions and contingencies, which fell to Rs 318.1 crore, compared to Rs 470.9 crore in Q4 FY24. 

Gross Non-Performing Assets

YES Bank also continued to make strides in improving its asset quality. Gross non-performing assets (NPAs) declined to Rs 3,935.6 crore, while the gross NPA ratio improved to 1.6 per cent, down from 1.7 per cent a year earlier. On a similar note, net NPAs dropped to Rs 800 crore, with the net NPA ratio falling to 0.3 per cent from 0.6 per cent year-on-year. 

“During the quarter and year ended March 31, the Bank has allotted 3,257,773 and 26,471,398 equity shares of Rs 2 each respectively, pursuant to the exercise of stocks options by employees under the approved employee stock option schemes,” YES Bank said in a regulatory filing.

For the full financial year 2024–25 (FY25), Yes Bank reported a remarkable surge in profitability, with net profit more than doubling to Rs 24,058.6 crore, up from Rs 12,510.8 crore in FY24.

On April 17, the bank’s shares closed 1.1 per cent higher at Rs 18 on the Bombay Stock Exchange (BSE). Despite the positive Q4 earnings, YES Bank’s stock experienced a decline of approximately 12.75 per cent during the fourth quarter of FY25, according to data from the stock exchange.