Yes Bank announced its Q3 results, showcasing a significant surge in net profit and net interest income (NII). The private sector lender reported a 55.4% year-on-year (YoY) increase in standalone net profit, reaching ₹952 crore for the quarter ended December 31, 2025. This is compared to ₹612 crore in the same quarter of the previous year.
The bank's net interest income (NII) also saw a healthy rise, climbing 10.9% YoY to ₹2,466 crore, compared to ₹2,224 crore in the corresponding quarter of the previous fiscal year.
Furthermore, Yes Bank reported a substantial decrease in provisions, which fell by 91.5% to ₹21.9 crore, compared to ₹259 crore in the same period last year. The bank's asset quality remained relatively stable. Gross non-performing assets (GNPA) edged down to 1.5% in Q3FY26, compared to 1.6% in the previous quarter. Net NPA remained flat at 0.3% quarter-on-quarter.
On a consolidated basis, Yes Bank's net profit jumped 54.44% YoY to ₹956.55 crore for Q3 FY26. In the same quarter last year, the bank's profit was ₹619.38 crore.
In other news, HDFC Bank is expected to post net interest income of Rs 32,857 crore for the third quarter, an increase of about 7.36% compared to Rs 30,605 crore a year earlier. Its net interest margin is estimated at 3.38%, a slight reduction of around 5 basis points from 3.43% last year. The bank's projected standalone net profit stands at Rs 18,368 crore, marking 9.8% growth over Rs 16,736 crore in the previous year.
The Supreme Court hearing on the AT-1 bonds case is scheduled for February 5, 2026.
