Yes Bank has been working to rebuild profitability and market confidence after several challenging years.  File photo
Business

YES Bank Q3 profit jumps 55.4% YoY to Rs 952 crore

Tighter cost controls and a sustained focus on balance sheet repair helped continue the lender's recovery trajectory.

TNIE online desk

CHENNAI: YES Bank on Saturday (January 17) reported a sharp improvement in its financial performance for the third quarter of the 2025-26 financial year, posting a 55.42% year-on-year jump in standalone net profit to Rs 951.62 crore. The strong profit growth underscores the lender’s continued recovery trajectory, aided by steady core income, tighter cost controls and a sustained focus on balance sheet repair.

The private sector bank has been working to rebuild profitability and market confidence after several challenging years marked by asset quality stress and capital constraints.

The Q3 FY26 performance reflects the benefits of this strategy, with improving operating efficiency and a more stable loan book contributing to earnings momentum. Management has consistently emphasised calibrated growth, prioritising asset quality and risk management over aggressive expansion, a stance that appears to be supporting more predictable earnings outcomes.

Market participants are likely to view the latest results as another step forward in YES Bank’s turnaround story, even as attention remains on the sustainability of profit growth and the bank’s ability to deepen its franchise in a competitive lending environment. Going ahead, the bank’s performance will be closely tracked for signs of durable improvement in margins, credit growth and overall return metrics as it seeks to consolidate its recovery in FY26.

'TMC exit imminent': Shah predicts BJP sweep in Bengal after record voter turnout in phase 1 polls

After 560 days atop 400-foot BSNL tower, Punjab activist descends as state enacts strict anti-sacrilege law

Severly wounded Mojtaba Khamenei delegates power to generals as military takes control of Iran: Report

SC orders UP DGP to set up SIT in Ghaziabad minor rape-murder case

Meta slashes 8,000 jobs, about 10% of workforce as Microsoft offers buyouts

SCROLL FOR NEXT