Yes Bank Ltd

The bank's total income rose 3.76% YoY to Rs 9,355.39 crore in the quarter ended 31 March 2025. Profit before tax climbed 130.83% to Rs 996.31 crore in Q4 FY25 as against Rs 431.61 crore reported in the corresponding quarter last year. Net Interest Income (NII) for Q4 FY25 stood at Rs 2,276 crore, registering a year-on-year (YoY) growth of 5.71%. Meanwhile, the net interest margin (NIM) improved to 2.5% in Q4 FY25, compared to 2.4% reported in the same quarter last year. During the quarter, operating profit was at Rs 1,314 crore, up 45.67% from Rs 902 crore posted in the same period a year ago. Provisions (other than tax) and contingencies dropped 32.44% YoY to Rs 318.07 crore for the quarter ended 31 March 2025. In terms of asset quality, the bank's gross non-performing assets (NPAs) declined by 1.17% to Rs 3,935.61 crore as of 31 March 2025, compared to Rs 3,982.56 crore as of 31 March 2024. Additionally, net NPAs dropped by 39.82% to Rs 800.14 crore in Q4 FY25, down from Rs 1,329.73 crore in Q4 FY24. The gross NPA ratio decreased to 1.6% as of 31 March 2025, compared to 1.7% as of 31 March 2024. Similarly, the net NPA ratio improved to 0.3% as of 31 March 2025, down from 0.6% as of 31 March 2024. The bank's total deposits grew by 6.81% YoY to Rs 2,84,525 crore in the quarter ended 31 March 2025. Additionally, the bank's total advances increased by 8.07% YoY to Rs 2,46,188 crore. The bank's CASA (Current Account Savings Account) ratio stood at 34.3% as of 31 March 2025, compared to 30.9% in the corresponding quarter of the previous year. Gross slippages for Q4 FY25 stood at Rs 1,223 crore (2% of advances), compared to Rs 1,348 crore (2.2% of advances) in Q3 FY25. The bank's average quarterly LCR during the quarter remains healthy at 125%. During the quarter, Yes Bank's overdue book in the 31'90 days declined to Rs 3,705 crore, compared to Rs 3,684 crore posted in Q4 FY24. On a full-year basis, the bank's standalone net profit soared 92.30% to Rs 2,405.86 crore on a 12.38% increase in total income to Rs 36,751.77 crore in FY25 over FY24. Prashant Kumar, MD & CEO, Yes Bank, said, ' The Q4FY25 marked yet another important quarter for YES BANK as it continued to make steady improvements across several key metrics and progressed well on the strategic objective of improving its profitability. The bank exited the year with a quarterly RoA of 0.7%, b) achieved 100% PSL compliance, c) further improved its gross NPA and net NPA ratios to 1.6% and 0.3%, respectively'the lowest levels since Mar'20, d) brought down the net carrying value of security receipts to 'NIL,' and e) further expanded the CASA ratio by 340 bps Y-o-Y to 34.3% in FY25. YES BANK's core franchise has gained significant momentum and is quite well placed to continue to thrive. The bank remains disciplined and focused on its execution with its strategy and actions remain fully anchored around further improving its positioning and profitability. By going live with a seamless collection facility for GST, the bank added another important solution for its existing as well as prospective customers and augmented its digital and tech capabilities. Highest ratings by S&P and CDP reaffirmed our commitment to responsible banking.' YES BANK, a full-service commercial bank headquartered in Mumbai, offers a wide array of products, services, and digital solutions, catering to retail, MSME, and corporate clients. The bank operates its brokerage business through YES SECURITIES, a subsidiary of the bank. The bank has a pan-India presence, including an International Banking Unit (IBU) at GIFT City and a representative office in Abu Dhabi. Powered by Capital Market - Live

The bank's total income rose 3.76% YoY to Rs 9,355.39 crore in the quarter ended 31 March 2025. Profit before tax climbed 130.83% to Rs 996.31 crore in Q4 FY25 as against Rs 431.61 crore reported in the corresponding quarter last year. Net Interest Income (NII) for Q4 FY25 stood at Rs 2,276 crore, registering a year-on-year (YoY) growth of 5.71%. Meanwhile, the net interest margin (NIM) improved to 2.5% in Q4 FY25, compared to 2.4% reported in the same quarter last year. During the quarter, operating profit was at Rs 1,314 crore, up 45.67% from Rs 902 crore posted in the same period a year ago. Provisions (other than tax) and contingencies dropped 32.44% YoY to Rs 318.07 crore for the quarter ended 31 March 2025. In terms of asset quality, the bank's gross non-performing assets (NPAs) declined by 1.17% to Rs 3,935.61 crore as of 31 March 2025, compared to Rs 3,982.56 crore as of 31 March 2024. Additionally, net NPAs dropped by 39.82% to Rs 800.14 crore in Q4 FY25, down from Rs 1,329.73 crore in Q4 FY24. The gross NPA ratio decreased to 1.6% as of 31 March 2025, compared to 1.7% as of 31 March 2024. Similarly, the net NPA ratio improved to 0.3% as of 31 March 2025, down from 0.6% as of 31 March 2024. The bank's total deposits grew by 6.81% YoY to Rs 2,84,525 crore in the quarter ended 31 March 2025. Additionally, the bank's total advances increased by 8.07% YoY to Rs 2,46,188 crore. The bank's CASA (Current Account Savings Account) ratio stood at 34.3% as of 31 March 2025, compared to 30.9% in the corresponding quarter of the previous year. Gross slippages for Q4 FY25 stood at Rs 1,223 crore (2% of advances), compared to Rs 1,348 crore (2.2% of advances) in Q3 FY25. The bank's average quarterly LCR during the quarter remains healthy at 125%. During the quarter, Yes Bank's overdue book in the 31'90 days declined to Rs 3,705 crore, compared to Rs 3,684 crore posted in Q4 FY24. On a full-year basis, the bank's standalone net profit soared 92.30% to Rs 2,405.86 crore on a 12.38% increase in total income to Rs 36,751.77 crore in FY25 over FY24. Prashant Kumar, MD & CEO, Yes Bank, said, ' The Q4FY25 marked yet another important quarter for YES BANK as it continued to make steady improvements across several key metrics and progressed well on the strategic objective of improving its profitability. The bank exited the year with a quarterly RoA of 0.7%, b) achieved 100% PSL compliance, c) further improved its gross NPA and net NPA ratios to 1.6% and 0.3%, respectively'the lowest levels since Mar'20, d) brought down the net carrying value of security receipts to 'NIL,' and e) further expanded the CASA ratio by 340 bps Y-o-Y to 34.3% in FY25. YES BANK's core franchise has gained significant momentum and is quite well placed to continue to thrive. The bank remains disciplined and focused on its execution with its strategy and actions remain fully anchored around further improving its positioning and profitability. By going live with a seamless collection facility for GST, the bank added another important solution for its existing as well as prospective customers and augmented its digital and tech capabilities. Highest ratings by S&P and CDP reaffirmed our commitment to responsible banking'. YES BANK, a full-service commercial bank headquartered in Mumbai, offers a wide array of products, services, and digital solutions, catering to retail, MSME, and corporate clients. The bank operates its brokerage business through YES SECURITIES, a subsidiary of the bank. The bank has a pan-India presence, including an International Banking Unit (IBU) at GIFT City and a representative office in Abu Dhabi. The scrip added 1.23% to end at Rs 18.09 on Thursday, 17 April 2025. Powered by Capital Market - Live

Net profit of Yes Bank rose 59.33% to Rs 744.53 crore in the quarter ended March 2025 as against Rs 467.29 crore during the previous quarter ended March 2024. Total Operating Income rose 2.22% to Rs 7623.20 crore in the quarter ended March 2025 as against Rs 7457.81 crore during the previous quarter ended March 2024. For the full year,net profit rose 90.36% to Rs 2446.49 crore in the year ended March 2025 as against Rs 1285.20 crore during the previous year ended March 2024. Total Operating Income rose 12.00% to Rs 30918.81 crore in the year ended March 2025 as against Rs 27605.87 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Total Operating Income7623.207457.81 2 30918.8127605.87 12 OPM %59.5955.22 -61.6656.91 - PBDT1005.72450.60 123 3223.941537.69 110 PBT1005.72450.60 123 3223.941537.69 110 NP744.53467.29 59 2446.491285.20 90 Powered by Capital Market - Live

Yes Bank will hold a meeting of the Board of Directors of the Company on 19 April 2025.Powered by Capital Market - Live

On a sequential basis, loans and advances grew marginally by 0.7% from Rs 2.44 lakh crore at the end of the December 2024 quarter. Deposits of the bank stood at Rs 2,84,488 crore during the period under review, up 6.8% YoY and 2.6% QoQ. The bank's CASA (current account savings account) ratio improved to 34.3% as of 31 March 2025, up from 30.9% a year earlier and 33.1% in the previous quarter. The credit-to-deposit ratio stood at 86.7% as of 31 March 2025, compared to 85.5% in the same period of the previous year and 88.3% in the previous quarter. Liquidity coverage ratio was at 125% as on 31 March 2025 as against 116.1% as on 31 March 2024 and 133.2% as on 31 December 2024. Yes Bank is a full-service commercial bank providing a complete range of products, services, and technology-driven digital offerings, catering to retail, MSME, as well as corporate clients. The bank reported a 164.52% surge in standalone net profit to Rs 612.27 crore in Q3 FY25 as against Rs 231.46 crore posted in Q3 FY24. The bank's total income jumped 14.20% YoY to Rs 9,341.15 crore in the quarter ended 31 December 2024. Shares of Yes Bank declined 4.35% to Rs 17.17 on the BSE.Powered by Capital Market - Live

Yes Bank has received Rs 429 crore from a single trust in the Security Receipts Portfolio pertaining to the sale of NPA Portfolio to JC Flower ARC on 17 December 2022. Powered by Capital Market - Live

YES Securities (India), a subsidiary company of Yes Bank has allotted 2,50,85,603 equity shares of Rs 10 each at a premium of Rs 49.28 per share to YES Bank on 04 February 2025, for an amount aggregating to Rs 148.71 crore for a cash consideration by way of Rights Issue.Powered by Capital Market - Live

Yes Bank has received a payment amounting to Rs 1,480 crores towards repayment of an outstanding Project Loan facility, originally sanctioned for Rs 1950 crores in the year 2018. The aforesaid loan had undergone Scheduled Commercial Operations Date (SCOD) extension and was therefore classified as Standard Restructured advance in line with the extant IRAC Norms and was appropriately provisioned for. As a result of this repayment in entirety, there has been a release of provision. Powered by Capital Market - Live

The bank's total income jumped 14.20% YoY to Rs 9,341.15 crore in the quarter ended 31 December 2024. Profit before tax surged 165.21% to Rs 820.34 crore in Q3 FY25 as against Rs 309.31 crore reported in the corresponding quarter last year. Net Interest Income (NII) for Q3 FY25 stood at Rs 2,224 crore, registering a 10.2% year-on-year (YoY) growth. Meanwhile, the Net Interest Margin (NIM) remained stable at 2.4% in Q3 FY25 compared to the same quarter last year. During the quarter, operating profit was at Rs 1,079.02 crore, up 24.87% from Rs 864.05 crore posted in the same period a year ago. Provisions (other than tax) and contingencies dropped 53.36% YoY to Rs 258.68 crore for the quarter ended 31 December 2024. In terms of asset quality, the bank's gross non-performing assets (NPAs) declined by 11.08% to Rs 3,963.47 crore as of 31 December 2024, compared to Rs 4,457.41 crore as of 31 December 2023. Additionally, net NPAs dropped by 40.93% to Rs 1,142.62 crore in Q3 FY25, down from Rs 1,934.36 crore in Q3 FY24. The gross NPA ratio reduced to 1.6% as of 31 December 2024, compared to 2% as of 31 December 2023. Similarly, the net NPA ratio improved, falling to 0.5% as of 31 December 2024, down from 0.9% as of 31 December 2023. The bank's total deposits grew by 14.6% YoY to Rs 2,77,224 crore in the quarter ended 31 December 2024. Additionally, the bank's total advances increased by 12.6% YoY to Rs 2,44,834 crore. The bank's CASA (Current Account Savings Account) ratio stood at 33.1% as of 31 December 2024, compared to 29.7% in the corresponding quarter of the previous year. Gross Slippages for Q3 FY25 stood at Rs 1,348 crore as against Rs 1,233 crore posted in corresponding quarter previous year. The bank's average quarterly LCR (on a consolidated basis) during the quarter remains healthy at 133.2%. During the quarter, Yes Bank's overdue book for the 31-90 day period stood at Rs 3,980 crore, compared to Rs 4,379 crore in Q3 FY24. On nine-month basis, the company's net profit climbed 108.67% to Rs 1,667.74 crore on 15.67% increase in revenue to Rs 27,396.38 crore in 9M FY25 over 9M FY24. Prashant Kumar, MD & CEO, Yes Bank, said, 'Q3FY25 is the fifth quarter in a row where the bank has demonstrated sustained sequential expansion in profitability. The RoA of the bank has also expanded to 0.6% from 0.5%, reported over the last 3 quarters. It is quite encouraging that we have also started seeing expansion in our operating profitability. Two distinct trends which I think are important to highlight in terms of trajectory of the Bank's profitability going forward are, reduction in balances of deposits placed in lieu of PSL shortfalls to 8.5% of assets this quarter, from 10.4% of assets in Q2 FY25, and fresh slippages in the retail segment remaining flat on QoQ basis. Both of these are in line with our earlier guidance, and while one of the factors is likely to aid expansion in net interest margins and operating profits, the other may likely result in a reduction of gross credit costs. Other key vectors of the bank continue to post encouraging trends in line with our strategic objectives. The deposits momentum sustained with around 15% Y-o-Y growth, wherein the average balances recorded a higher 15.7% YoY and 2.3% QoQ growth. Outperformance to industry continued on CASA acquisition, with CA and SA deposits growing 21.1% Y-o-Y and 33.3% YoY respectively and the average balances recording a similar growth. On the advances front, SME and mid-corporate segments maintained a 25%+ YoY growth trajectory, while strategic reorientation continued in the retail segment, aimed at profitability improvement. Q3FY25 was another strong quarter of fee income performance, aided by the granular and transactional fee streams. Asset quality also further improved, with (NNPA + net carrying value of SRs) now at 0.6%.' Yes Bank is a full-service commercial bank providing a complete range of products, services, and technology-driven digital offerings, catering to retail, MSME, as well as corporate clients. Powered by Capital Market - Live

The bank's total income jumped 14.20% YoY to Rs 9,341.15 crore in the quarter ended 31 December 2024. Profit before tax surged 165.21% to Rs 820.34 crore in Q3 FY25 as against Rs 309.31 crore reported in the corresponding quarter last year. Net Interest Income (NII) for Q3 FY25 stood at Rs 2,224 crore, registering a 10.2% year-on-year (YoY) growth. Meanwhile, the Net Interest Margin (NIM) remained stable at 2.4% in Q3 FY25 compared to the same quarter last year. During the quarter, operating profit was at Rs 1,079.02 crore, up 24.87% from Rs 864.05 crore posted in the same period a year ago. Provisions (other than tax) and contingencies dropped 53.36% YoY to Rs 258.68 crore for the quarter ended 31 December 2024. In terms of asset quality, the bank's gross non-performing assets (NPAs) declined by 11.08% to Rs 3,963.47 crore as of 31 December 2024, compared to Rs 4,457.41 crore as of 31 December 2023. Additionally, net NPAs dropped by 40.93% to Rs 1,142.62 crore in Q3 FY25, down from Rs 1,934.36 crore in Q3 FY24. The gross NPA ratio reduced to 1.6% as of 31 December 2024, compared to 2% as of 31 December 2023. Similarly, the net NPA ratio improved, falling to 0.5% as of 31 December 2024, down from 0.9% as of 31 December 2023. The bank's total deposits grew by 14.6% YoY to Rs 2,77,224 crore in the quarter ended 31 December 2024. Additionally, the bank's total advances increased by 12.6% YoY to Rs 2,44,834 crore. The bank's CASA (Current Account Savings Account) ratio stood at 33.1% as of 31 December 2024, compared to 29.7% in the corresponding quarter of the previous year. Gross Slippages for Q3 FY25 stood at Rs 1,348 crore as against Rs 1,233 crore posted in corresponding quarter previous year. The bank's average quarterly LCR (on a consolidated basis) during the quarter remains healthy at 133.2%. During the quarter, Yes Bank's overdue book for the 31-90 day period stood at Rs 3,980 crore, compared to Rs 4,379 crore in Q3 FY24. On nine-month basis, the company's net profit climbed 108.67% to Rs 1,667.74 crore on 15.67% increase in revenue to Rs 27,396.38 crore in 9M FY25 over 9M FY24. Prashant Kumar, MD & CEO, Yes Bank, said, 'Q3FY25 is the fifth quarter in a row where the bank has demonstrated sustained sequential expansion in profitability. The RoA of the bank has also expanded to 0.6% from 0.5%, reported over the last 3 quarters. It is quite encouraging that we have also started seeing expansion in our operating profitability. Two distinct trends which I think are important to highlight in terms of trajectory of the Bank's profitability going forward are, reduction in balances of deposits placed in lieu of PSL shortfalls to 8.5% of assets this quarter, from 10.4% of assets in Q2 FY25, and fresh slippages in the retail segment remaining flat on QoQ basis. Both of these are in line with our earlier guidance, and while one of the factors is likely to aid expansion in net interest margins and operating profits, the other may likely result in a reduction of gross credit costs. Other key vectors of the bank continue to post encouraging trends in line with our strategic objectives. The deposits momentum sustained with around 15% Y-o-Y growth, wherein the average balances recorded a higher 15.7% YoY and 2.3% QoQ growth. Outperformance to industry continued on CASA acquisition, with CA and SA deposits growing 21.1% Y-o-Y and 33.3% YoY respectively and the average balances recording a similar growth. On the advances front, SME and mid-corporate segments maintained a 25%+ YoY growth trajectory, while strategic reorientation continued in the retail segment, aimed at profitability improvement. Q3FY25 was another strong quarter of fee income performance, aided by the granular and transactional fee streams. Asset quality also further improved, with (NNPA + net carrying value of SRs) now at 0.6%.' Yes Bank is a full-service commercial bank providing a complete range of products, services, and technology-driven digital offerings, catering to retail, MSME, as well as corporate clients. Shares of Yes Bank slipped 1.24% to close at Rs 18.25 on Friday, 25 January 2025. Powered by Capital Market - Live