How Did Yes Bank Achieve a 168% Profit Increase?

Yes Bank’s Q3 FY25 net profit surged to Rs 612.3 crore, a 168% increase from Rs 231.6 crore last year. The net interest income grew by 10.2% to Rs 2,223 crore, driven by higher interest income. The gross non-performing assets (GNPA) ratio improved to 1.6%, and net NPAs decreased to 0.5%.

Provisions for bad loans halved to Rs 259 crore, reflecting better asset management. The provision coverage ratio stood at 71.2%. However, the capital adequacy ratio slightly declined to 15.2%. Advances grew by 12.6% to Rs 1.93 lakh crore, and deposits rose by 13.5% to Rs 2.36 lakh crore.

Yes Bank’s strong performance indicates effective management and improved financial stability. Despite a slight dip in the capital adequacy ratio, the results show a positive outlook. The bank’s ability to maintain growth in a challenging economic environment highlights its resilience.