Mumbai: YES Bank announced on Thursday that its standalone net profit for the quarter ended June 30, 2026, rose by 33.7% to ₹107.10 crore, compared to ₹80.11 crore in the corresponding quarter of the previous financial year. Total Income JumpsThe bank’s total standalone income for Q1 FY27 stood at ₹984.23 crore. This marks an increase from ₹934.81 crore reported in the same quarter last year.Interest Earned Grows
Interest earned by YES Bank increased to ₹804.43 crore in the quarter ended June 30, 2026, up from ₹759.59 crore in the quarter ended June 30, 2025. This was primarily driven by interest/discount on advances/bills, which rose to ₹610.71 crore from ₹576.64 crore.
Operating Expenses See RiseTotal operating expenses for the quarter increased to ₹288.04 crore. This is up from ₹276.57 crore in the year-ago quarter. Provisions and ContingenciesProvisions (other than tax expense) and contingencies, net, stood at ₹39.45 crore for the quarter ended June 30, 2026. This is higher than the ₹28.40 crore provisioned in the same quarter of the previous year.Asset Quality RatiosGross Non-Performing Assets (NPA) as a percentage of gross advances was 1.3% as of June 30, 2026. This improved from 1.6% as of June 30, 2025. Net NPA stood at 0.2% for the quarter ended June 30, 2026, down from 0.3% in the year-ago period.Annual General MeetingThe Board of Directors also approved a revised notice for the 22nd Annual General Meeting (AGM). The AGM is scheduled for Wednesday, August 19, 2026, with no change to the date or business items, the bank said.Disclaimer: This report is based on the company’s filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.