Shares of Yes Bank gained over 2% in early trade after the private sector lender reported a sharp improvement in profitability for the quarter ended December 31, 2025 (Q3 FY26), supported by higher net interest income and stable asset quality.
Yes Bank posted a net profit of Rs 951.6 crore in Q3 FY26, registering a 55% year-on-year growth compared with Rs 612.3 crore in the same quarter last year. On a sequential basis, profit also improved from Rs 654.5 crore reported in Q2 FY26, highlighting sustained earnings momentum.
Net interest income (NII) for the quarter rose 10.89% year-on-year to Rs 2,465.7 crore, up from Rs 2,223.5 crore in Q3 FY25. The improvement was driven by steady loan growth and better yield dynamics, even as the overall operating environment remained competitive.
Total income during the quarter stood at Rs 9,175.8 crore, marginally lower than Rs 9,341.1 crore recorded in the year-ago period. Interest earned came in at Rs 7,543.2 crore, reflecting stable core lending activity.
Asset quality remained steady, providing comfort to investors. Gross non-performing assets (GNPA) were reported at 1.5% as of December 31, 2025, largely unchanged from the previous quarter, while net NPA stayed contained at 0.3%, indicating continued improvement in credit metrics.
Operating profit before provisions and contingencies increased to Rs 1,233.6 crore in Q3 FY26 from Rs 1,079.0 crore in the corresponding quarter last year.
For the nine-month period ended December 2025, Yes Bank reported a net profit of Rs 2,407.2 crore, compared with Rs 1,667.7 crore in the same period last year, underlining a consistent recovery in earnings performance.
