Yes Bank Q4 Result: Yes Bank's profit was excellent, asset quality improved

Yes Bank Q4 Result: Yes Bank has released the results for the fourth quarter of the financial year 2024-25, in which the bank has performed better than market estimates. The net profit of the bank increased by 63.3% year-on-year (YoY) to ₹ 738.1 crore, while in the CNBC-TV18 poll it was estimated to be ₹ 598.2 crore.

Similarly, net interest income (NII) also increased by 5.7% to ₹2,276.3 crores from ₹2,153 crores in the same quarter last year. This figure is also higher than the estimated ₹2,182.1 crores, which reflects the strong earnings of the bank. Decline in NPA The asset quality of the bank also improved on a quarter-on-quarter (QoQ) basis. Gross NPA stood at ₹3,935.6 crores, which was ₹3,963.47 crores in the previous quarter. At the same time, there was a significant decline in net NPA and it came down from ₹1,142.62 crores to ₹800.1 crores. In terms of ratio, gross NPA was 1.6% and net NPA was 0.3%, which shows a better situation than the previous quarter. However, provisions increased to ₹318.1 crore on a quarter-on-quarter basis from ₹258.7 crore in the previous quarter, but lower than ₹470.9 crore on a yearly basis.

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