Yes Bank Q1 Results: Yes Bank announced on Saturday that its standalone net profit for Q1FY26 surged by 59% year-on-year, reaching ₹801 crore compared to ₹502 crore in the same quarter last year.
Net interest income, which represents the difference between interest earned and interest paid, increased by only 5.7% to ₹2,371 crore for the June quarter, benefiting from a decrease in the Cost of Funds. Meanwhile, non-interest income rose by 10.9% to ₹1,739 crore.
For Q1FY26, the net interest margin (NIM) was recorded at 2.5%, showing a year-on-year increase, aided by a reduction in deposits due to PSL shortfall and a decrease in SA rates, though this was somewhat countered by the impact of repricing, according to the private bank’s filing with the exchange.
