Yes Bank Q3 Results: Profit Jumps 165%, Revenue Growth Impresses and Asset Quality Remains Stable

Yes Bank Q3 Results: Yes Bank has reported impressive Q3 results for FY25, showing a 165% increase in net profit, reaching ₹612.3 crore compared to ₹231.5 crore in the same quarter last year. The results reflect the bank's growth momentum, strong revenue generation, and ability to maintain stable asset quality despite a challenging financial environment.

Yes Bank Q3 Revenue and Profit Performance

Yes Bank's net interest income (NII) saw a healthy growth of 10.2% year-on-year, rising to ₹2,223.5 crore in Q3 FY25 from ₹2,016.9 crore in Q3 FY24. The bank's total interest income surged by 12%, totaling ₹7,829.13 crore. However, interest expenses also increased by 12.8% to ₹5,605.62 crore. Despite these rising costs, the bank’s net profit for Q3 skyrocketed by 165%, reaching ₹612.3 crore, underlining the bank’s operational efficiency and strong profitability.

This marks the fifth consecutive quarter of sequential profit growth, with Yes Bank showing continuous improvements in operating profitability.

Stable Asset Quality and Liquidity Position

The bank maintained a gross non-performing assets (NPA) ratio of 1.6% and a net NPA ratio of 0.5%, consistent with the previous quarter. Gross NPA in absolute terms slightly increased to ₹3,963.47 crore, while net NPA saw a marginal decline to ₹1,142.6 crore.

Yes Bank also reported a robust liquidity coverage ratio (LCR) of 133.2% on a consolidated basis, underlining its strong liquidity position during the quarter.

Capital Adequacy and Management Outlook

The capital adequacy ratio dipped to 15.2% in Q3 FY25 from 16% in the same period last year. Despite this, CEO Prashant Kumar expressed optimism, highlighting the bank's expanded return on assets (RoA) at 0.6%, compared to 0.5% in the preceding quarters. Kumar noted significant improvements in operating profitability, marking sustained progress in financial performance.

Yes Bank's Q3 results reinforce its growth trajectory, driven by improved profitability, stable asset quality, and operational resilience, positioning the bank for sustained success in the future.