Yes Bank Delivers Strong Q3 FY26 Performance

ank showcased a robust turnaround in the December quarter (Q3 FY26), with standalone net profit surging 55.4% year-on-year to ₹952 crore, driven by improved net interest margins, sharply lower provisions, and enhanced asset quality. Key highlights include: Net Interest Income (NII) grew ~11% YoY to around ₹2,466 crore. Gross NPA ratio improved to 1.5% (from 1.6% YoY and QoQ), with Net NPA at a low 0.3%. Provision coverage ratio strengthened to 83.3%. Return on Assets (RoA) rose to 0.9% (touching 1.0% excluding one-time gratuity impact), and Return on Equity (RoE) climbed to 7.7%. MD & CEO Prashant Kumar described Q3 FY26 as a "breakthrough quarter", crediting accelerated profitability, better asset quality, rising business volumes, and industry-leading CASA ratio at 34%. The results come amid positive market sentiment, with Yes Bank shares closing up ~2.2% at ₹23.45 ahead of the announcement, reflecting a 28%+ gain over the past year and market cap exceeding ₹73,600 crore.