Yes Bank's Q3 FY 2025-26 Quarterly Results
- 3d ago
Result Summary
- Yes Bank Ltd reported a 1.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.5%.
- Its expenses for the quarter were up by 2.9% QoQ and down 3.5% YoY.
- The net profit increased 44.0% QoQ and increased 54.4% YoY.
- The earnings per share (EPS) of Yes Bank Ltd stood at 0.3 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 9272.31 | 9113.13 | 9416.05 | 1.7% | -1.5% |
Total Expenses | 8032.23 | 7803.14 | 8326.91 | 2.9% | -3.5% |
Provisions & contingencies | 21.89 | 418.94 | 258.84 | -94.8% | -91.5% |
Profit Before Tax | 1218.19 | 891.05 | 830.30 | 36.7% | 46.7% |
Tax | 261.60 | 226.62 | 210.86 | 15.4% | 24.1% |
Profit After Tax | 956.59 | 664.43 | 619.44 | 44.0% | 54.4% |
Earnings Per Share | 0.30 | 0.21 | 0.20 | 42.9% | 50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Yes Bank Ltd is a prominent Indian private sector bank that provides a range of financial products and services. The bank is known for its retail banking, corporate banking, and SME banking segments, offering services such as loans, credit cards, savings accounts, and other financial solutions. Yes Bank operates within the Indian banking industry, which is characterized by a competitive landscape with numerous other private and public banks. As of the latest available data, there have been no major developments or changes in Yes Bank's operations or strategy that are publicly disclosed. However, the bank has been working on strengthening its balance sheet and improving its asset quality over recent years.
Revenue
During Q3FY26, Yes Bank Ltd reported a total income of ₹9272.31 crores, marking a 1.7% increase from the previous quarter's total income of ₹9113.13 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY25), there was a decrease of 1.5% from ₹9416.05 crores. This trend indicates a slight growth in total income on a quarter-over-quarter basis, while there is a small decline on a year-over-year basis. The changes in total income can be attributed to various factors, including interest income, fee income, and other banking operations, although specific details on these components are not available in the provided data.
Profitability
Yes Bank Ltd's profitability has shown significant improvement in Q3FY26. The Profit Before Tax (PBT) for this quarter was ₹1218.19 crores, which is a substantial increase of 36.7% compared to the previous quarter (Q2FY26) and a 46.7% increase compared to Q3FY25. After accounting for taxes, the Profit After Tax (PAT) stood at ₹956.59 crores, reflecting a 44.0% rise from the previous quarter's PAT of ₹664.43 crores and a 54.4% increase from ₹619.44 crores in Q3FY25. This notable growth in profitability is accompanied by a 15.4% increase in tax expenses from the previous quarter and a 24.1% increase year-over-year. The Earnings Per Share (EPS) for Q3FY26 is ₹0.30, showing a quarter-over-quarter increase of 42.9% and a year-over-year increase of 50.0%.
Operating Metrics
The total expenses for Yes Bank Ltd in Q3FY26 were ₹8032.23 crores, representing a 2.9% increase from the previous quarter's expenses of ₹7803.14 crores. This is a decrease of 3.5% compared to expenses of ₹8326.91 crores in Q3FY25. The provisions and contingencies have decreased significantly, with Q3FY26 reporting ₹21.89 crores, a 94.8% drop from the previous quarter's provisions of ₹418.94 crores and a 91.5% reduction from ₹258.84 crores in Q3FY25. These changes in operating metrics reflect the bank's efforts to manage its operating costs and maintain a healthy provision coverage. However, specific details on the components of these expenses and provisions are not available in the provided data.