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Yes Bank Q1 profit rises 33.7% as NIM holds at 2.7%
The lender also reported lower GNPA and retail slippages, with GNPA at 1.3% and retail slippages at INR 843 crore, the lowest in 10 quarters.
Yes Bank reported Q1 FY27 net profit of ₹1,071 crore, up 33.7% year over year, with results for the April to June 2026 period showing profit up 0.2% quarter over quarter, according to LiveMint Markets. The bank said its margins held steady, with net interest income margin (NIM) at 2.7%.
The bank attributed part of the margin performance to a lower cost of deposits and a reduction in balances of PSL shortfall deposits. It also reported advances growth of 18.3% year over year and 4.3% quarter over quarter, while deposits rose 14.3% year over year.
On business momentum, Yes Bank said retail assets disbursement increased 27.5% year over year. It added that CASA deposits were up 14.3% year over year, and on an AQB basis CASA growth was stronger at 15.0%.
Asset quality improved, with GNPA at 1.3%, down 30 bps year over year, and NNPA at 0.2%, down 10 bps year over year. Retail slippages came in at INR 843 crore, or 2.7% of advances, versus ₹888 crore, or 2.8% of advances, in Q4 FY26, LiveMint Markets reported.