YES BANK reported a net profit of Rs 1,068 crore for the March quarter of FY26, up 44.7% year-on-year, driven by stronger margins, higher operating profit and steady business growth. For the full financial year, profit rose 44.5% to Rs 3,476 crore.
Net interest income for Q4 stood at Rs 2,638 crore, up 15.9% from a year earlier, while net interest margin improved 20 basis points to 2.7%. Operating profit rose 23.1% to Rs 1,618 crore. Cost-to-income ratio improved to 63% from 67.3% a year ago.
Commenting on the results and financial performance, Mr. Vinay M Tonse, Managing Director & Chief Executive Officer, YES BANK said, “YES BANK concluded FY26 on a strong footing, delivering a Q4 RoA of 1.0% in line with our guidance, supported by a 20 bps improvement in NIMs, improvement in Cost to Income ratio and the lowest GNPA and NNPA levels since FY20. Business momentum continued to strengthen, with broad based growth across advances and deposits, underpinned by a robust CASA led deposit engine that contributed to lower Cost of Deposits. FY26 also marked an important strategic milestone with SMBC becoming our largest shareholder, reaffirming global institutional confidence in the Bank’s long term potential. As we move into FY27, our priorities remain firmly anchored in strengthening the franchise, accelerating high quality growth, and advancing our journey toward building a resilient YES BANK that consistently creates sustainable value for all stakeholders.”