| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 7.8K | 1.2% |
| Total Income | 9.4K | 2.1% |
| Expenditure | 8.3K | 209.9% |
| PBT | 830.30 | 19.1% |
| Net Profit | 619.44 | 9.3% |
| OPM | — | |
| NPM | 6.58% | 0.74pp |
| EPS | 0.20 | 900.0% |
YES BANK Announces Q3FY25 Financial Results: Net Profit at INR 612 Crs, 2.6x of Q3FY24, Up 10.7% Q-o-Q
25 Jan 2025 · 25 Jan 2025, 06:29 pm
Summary
YES BANK announced its financial results for the quarter ended December 31, 2024. The net profit for Q3FY25 was INR 612 Crs, a 2.6x increase from Q3FY24 and a 10.7% growth from the previous quarter. The operating profit was INR 1,079 Crs, up 24.9% Y-o-Y and 10.6% Q-o-Q. The bank's net advances grew by 12.6% Y-o-Y, and the CASA ratio stood at 33.1%, up 340 bps Y-o-Y and 110 bps Q-o-Q. The bank's gross NPA ratio was lower at 1.6%.
Key Highlights
- 1
Net Profit for Q3FY25 at INR 612 Crs, 2.6x of Q3FY 24 Net Profits and up 10.7% Q-o-Q
- 2
Operating Profit at INR 1,079 Crs, up 24.9% Y-o-Y and 10.6% Q-o-Q
- 3
Net Advances Growth at 12.6% Y-o-Y, Retail Advances growth flattish Q-o-Q
- 4
GNPA ratio lower Y-o-Y at 1.6%
- 5
CASA ratio at 33.1%, up 340 bps Y-o-Y and 110 bps Q-o-Q
Management Comments
Mr. Prashant Kumar
Managing Director & CEO, YES BANK
Q3FY 25 is the fifth quarter in a row where the Bank has demonstrated sustained sequential expansion in profitability. The RoA of the Bank has also expanded to 0.6% from 0.5%, reported over the last 3 quarters. It is quite encouraging that we have also started seeing expansion in our Operating Profitability.
Informational and educational content only. Not investment advice.