Yes Bank reported an 18.34 per cent YoY profit growth in the second quarter of fiscal year 2026. The private sector posted a net profit of Rs 654 crore in Q2 FY26. Last year, the bank posted a net profit of Rs 553 crore in Q2 FY25
Furthermore, Yes Bank posted a 4.6 per cent YoY growth in its Net Interest Income in the quarter. The bank posted an NII of Rs 2,301 crore in Q2 FY26, compared to Rs 2,200 crore NII in the corresponding quarter of the previous fiscal year.
Yes Bank’s Net Interest Margin also improved to 2.5 per cent in the quarter. Last fiscal year, the bank’s Net Interest Margin was at 2.4 per cent in the second quarter.
Yes Bank balance sheet
Yes Bank’s deposit growth was 6.9 per cent in the July-September quarter. Its operating expenses increased by just 0.6 per cent on-year to Rs 2,649 crore.
From an asset quality perspective, Yes Bank’s fresh slippages totalled Rs 1,248 crore, down from Rs 1,458 crore in the quarter-ago period. Gross non-performing assets ratio stood unchanged at 1.6 per cent as of September 30.
The overall provisions for the bank stood at Rs 419 crore, up 41 per cent compared to the year-ago period, largely attributed to the impact of resolving a corporate account. The lender’s capital adequacy stood at 15.6 per cent at the end of the quarter, which included a core buffer level of 13.9 per cent.
Yes Bank plans to add 80 new branches in FY26 and has already done 43 of the new points of presence, Kumar said.
