Yes Bank net profit up 63.3% as provisions dip in Q4FY25

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| Photo Credit: The Hindu

Yes Bank expanded its standalone net profit by 63.3% to ₹738 crore lower provisions in the fourth quarter of fiscal 2025, as against ₹452 crore in the year ago period.

Yes Bank reduced its provisions by a significant 32.5% to ₹ 318 crore in the quarter-under-review as against ₹471 crore in the year-ago period. The bank’s NII increased 5.7% to ₹2,276 crore in the reporting quarter from ₹2,153 crore in the corresponding period in the previous fiscal. Yes bank also expanded its non-interest income by 10.8% to ₹1739 crore. This number was ₹1569 crore in the year ago period.

Yes bank’s gross non performing assets (GNPA) as a share of advances stayed almost flat at 1.6% while Net NPA ratio reduced to 0.3% in Q4FY25 as against 0.6% in the corresponding quarter previous year. The net interest margin came in at 2.5% in the reporting quarter.

Loans grew 8.1% in the quarter, according to the investor presentation. “ We are targeting a loan growth of around between 12% to 15%, depending on how the macroeconomic situation would play out and we would like to see that our deposit growth would be slightly higher than the low,” said Prashant Kumar, Managing Director of Yes Bank in the earnings call.

The full year standalone net profit increased 92.3% to ₹2,406 crore in fiscal 2025, from ₹1251 crore in the previous year. NII increased 10.5% to ₹8944 crore and NIM was unchanged at 2.4%. Provisions set aside declined 42.4% to ₹1,086 crore in the fiscal 2025.