Yes Bank Q4 profit surges 63% YoY to Rs 738 crore, NII beats estimates

Private sector lender yes Bankan on Saturday recorded an increase of 63.3% year-on (YOY) in the standalone net profit for the March quarter. Pure interest income (NII) also increased to Rs 2,276.3 crore at 5.7% YOY.Both net profit and NII crossed the road estimates.
During the quarter, the bank’s interest income increased by 2.3% yoy to Rs 7,616 crore. In the last quarter, the net non-performing assets (NPAs) improved at a distance of 0.3%.
Yes, the bank’s gross NPA was gradually unchanged at 1.6%, while the provisions increased 23% quarter-quarters to Rs 318.1 crore. Advance increased by 8.1% yoy to Rs 2.46 lakh crore, and the deposit Aadhaar Q4 increased by 6.8% yoy to Rs 2.85 lakh crore.
“The bank took out of the year with a quarterly ROA of 0.7%, acquired 100% PSL compliance, improved gross and net NPA ratio, 1.6% and 0.3% – the lowest level since March 2020, brought down the value of the net carrying of safety receipts to the neel, and expanded 340 base points to 340 base points and said that
The bank’s net interest margin (NIM) for Q4 came at 2.5%, which was above 2.4% a year ago. For FY25, NIM stood at 2.4%. The total balance sheet rose 4.4% yoy, while the CASA (current account and savings account) ratio was 34.3%, while Q4Fy24 had 30.9% in Q4Fy24 and 33.1% in the previous quarter.
Gross slippery during the quarter came to Rs 1,223 crore, which is 2% of the total advances, compared to Rs 1,348 crore (2.2%) in Q3Fy25.
Kumar said that yes the bank’s core franchise has gained significant speed and is well deployed to maintain development. He said that the bank is disciplined in its execution, with clear attention to its status and improvement in profitability. He called Q4Fy25 a more important quarter, in which the bank continued to improve several major performance matrix.