Source: Upstox
YES Bank’s total income for the quarter also increased to ₹9,355.4 crore, compared to ₹9,015.8 crore for the same quarter of the previous year.
Net profit jumps; strong Q4 FY 2024-25 for YES Bank, standalone profit after tax up 63% y/y at ₹738.12 crore. The solid results beat analysts’ estimates and reflected a dramatic return to form for the private sector lender, which has focused on bolstering its balance sheet and improving the quality of its assets.
Q4 Highlights: YES Bank’s performance in Q4 was a record transactional one due to strong growth across asset quality, interest income, and continuing fee-based earnings growth. The bank’s gross non-performing assets (NPAs) stood at ₹3,935.6 crore, and its gross NPA ratio improved to 1.6% from 1.7% in the same quarter last year. Net NPAs also fell to ₹800 crore, so the net NPA ratio declined to 0.3% y-o-y from 0.6%.
Ahead of the earnings announcement, YES Bank shares closed 1.23% higher at ₹18.09 on Thursday, reflecting positive investor sentiment. However, despite the recent uptick, the stock declined by 12.75% over the fourth quarter of FY25, according to exchange data.
“During the quarter and year ended March 31, 2025, the bank has allotted 3,257,773 and 26,471,398 equity shares of { 2/- each respectively, pursuant to the exercise of stock options by employees under the approved employee stock option schemes,” YES Bank said in a regulatory filing.
The bank’s loan book grew by 8.2% YoY to ₹2.46 lakh crore, led by growth in retail, SME and corporate segments. Deposits grew at 6.8% y-o-y to ₹2.84 lakh crore, an indication of improving trust amongst customers over quality delivery as well as franchise strength.
In the entire financial year FY25, Yes Bank’s net profit grew over twofold to Rs 24,058.6 crore as against Rs 12,510.8 crore in FY24.
Yes Bank shares ended 1.1 per cent higher at Rs 18 on the Bombay Stock Exchange (BSE) on April 17. Meanwhile, stocks tumbled by approximately 12.75 per cent in the fourth quarter of FY25, according to stock exchange data.
The strong Q4 results, especially the 63% profit jump and improved asset quality, are positives for investor sentiment and could support upward momentum in the stock price in the short term. However,the Q4 decline of 12.75% indicates the market may have already priced some expectations in or is concerned about broader market or sector-specific issues.
Short term: Can boost confidence; stock bounce unlikely to be sharp.
Medium-term: Continued performance on the market front will be important for sustainability.
