Yes Bank's Q2 FY 2025-26 Quarterly Results

Result Summary

• Yes Bank Ltd reported a 3.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.2%.
• Its expenses for the quarter were down by 3.2% QoQ and 5.2% YoY.
• The net profit decreased 17.8% QoQ and increased 17.3% YoY.
• The earnings per share (EPS) of Yes Bank Ltd stood at 0.21 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Yes Bank Ltd is a prominent financial institution in India, primarily engaged in the provision of banking services, including retail banking, corporate banking, and asset management. The bank is part of the larger financial services industry in India and has positioned itself as a significant player in the banking sector. Recent years have witnessed various strategic initiatives by Yes Bank, including efforts to strengthen its balance sheet and enhance customer service capabilities. The bank has been focused on improving its financial health through restructuring and strategic partnerships. However, specific recent developments beyond October 2023 are not available.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Yes Bank Ltd reported a total income of ₹9113.13 crores. This represents a quarter-over-quarter (QoQ) decrease of 3.4% compared to ₹9429.17 crores in the first quarter of fiscal year 2026 (Q1FY26). Year-over-year (YoY), there was a slight decline of 1.2% from ₹9225.45 crores in the second quarter of fiscal year 2025 (Q2FY25). The bank's income trends indicate a slight contraction in revenue over both the quarterly and yearly periods covered. These fluctuations in revenue can be attributed to various factors including changes in interest income, fee-based income, and other financial activities.

Profitability

During Q2FY26, Yes Bank Ltd's profit before tax amounted to ₹891.05 crores, reflecting a decrease of 17.9% QoQ from ₹1084.68 crores in Q1FY26. However, on a YoY basis, there was a notable increase of 27.8% from ₹697.41 crores in Q2FY25. The profit after tax in Q2FY26 was ₹664.43 crores, down 17.8% QoQ from ₹808.70 crores in Q1FY26, but up 17.3% YoY from ₹566.59 crores in Q2FY25. The earnings per share for Q2FY26 stood at ₹0.21, declining by 19.2% QoQ from ₹0.26 in Q1FY26 and increasing by 16.7% YoY from ₹0.18 in Q2FY25. These figures highlight the fluctuations in profitability, which may reflect variations in operational efficiency, tax expenses, and provisions.

Operating Metrics

Total expenses for Yes Bank in Q2FY26 were ₹7803.14 crores, showing a reduction of 3.2% QoQ compared to ₹8060.48 crores in Q1FY26 and a decrease of 5.2% YoY from ₹8230.75 crores in Q2FY25. The provisions and contingencies for the quarter rose significantly by 47.5% QoQ to ₹418.94 crores from ₹284.01 crores in Q1FY26 and by 40.9% YoY from ₹297.29 crores in Q2FY25. These metrics provide insights into the bank's operational expenditures and risk management strategies. The increase in provisions may indicate a more conservative approach taken by the bank towards managing potential credit risks. The tax expense for the quarter was ₹226.62 crores, which is a decrease of 17.9% QoQ from ₹275.98 crores in Q1FY26 and an increase of 73.2% YoY from ₹130.82 crores in Q2FY25, reflecting changes in tax liabilities over the periods analyzed.