Yes Bank Ltd reported an 18.3 percent year-on-year rise in standalone net profit to Rs 654.5 crore for the second quarter of FY26, aided by higher other income and lower interest expense despite pressure on core income.
The private sector lender’s net interest income (NII) declined 3 percent on-year to Rs 2,300.9 crore, reflecting competitive lending environment. Yes Bank's total income for the quarter stood at Rs 9,023.2 crore, down 1.2 percent from the year-ago period, according to the bank’s stock exchange filing.
Asset quality remained broadly stable. The bank’s gross non-performing assets (GNPA) rose 4.3 percent year-on-year to Rs 4,055.3 crore, while the GNPA ratio was steady at 1.6 percent, unchanged from a year earlier.
Provisions rose 41 percent on-year to Rs 419 crore during the quarter, indicating higher provisioning requirements even as slippages remained contained.
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