Yes Bank Q2 Results: Standalone PAT Surges 18% YoY
– Profit After Tax (PAT): Yes Bank reported an 18.3% YoY increase in PAT, reaching Rs 654.47 crore, up from Rs 553.04 crore in Q2 FY25.
– Net Interest Income (NII): NII rose by 4.5% to Rs 2,300.88 crore, compared to Rs 2,200.44 crore last year.
– Quarterly Comparison: PAT saw an 18.3% decline from the previous quarter’s Rs 801.06 crore.
– Total Income: Slight dip of 1.24% to Rs 9,023.15 crore versus Rs 9,137.09 crore in the same quarter last year.
Key Asset Quality Metrics
– Gross Non-Performing Assets (GNPA): Increased to Rs 4,055.31 crore, up from Rs 3,889.43 crore YoY.
– Net Non-Performing Assets (NNPA): Decreased to Rs 770.84 crore from Rs 1,168.02 crore in Q2 FY25.
Operational Efficiency
– Net Interest Margin (NIM): Stable at 2.5%, with a YoY improvement of 10bps.
– Return on Assets (RoA): Improved to 0.6% from 0.5% last year.
Balance Sheet Highlights
– Total Deposits: Grew by 6.9% YoY to Rs 2,96,276 crore.
– Net Advances: Crossed Rs 2.5 lakh crore, reflecting a 6.4% YoY increase.