Yes Bank reports 34% profit surge in Q1 FY27
after close1 source ↓written by the desknot a recommendation
- in net profit
- 33.7% increase
- for Q1 FY27
- ₹1,071 cr
- rose
- 17.5%
- ₹2,786 cr
- while advances grew
- 18.3%
Yes Bank reported a 33.7% increase in net profit to ₹1,071 cr for Q1 FY27, driven by robust core earnings and improved net interest margins. Net interest income rose 17.5% to ₹2,786 cr, while advances grew 18.3% to ₹2.85 lakh cr. The bank's GNPA remained stable at 1.3%.
This strong performance reflects the bank's solid asset quality and could enhance investor confidence, potentially boosting market sentiment.
Not investment advice. For informational purposes only.