Yes Bank Q3 FY26 Net Profit Soars 55% to Rs 952 Crore; Asset Quality Improves

• Yes Bank reported a 55.4% year-on-year increase in standalone net profit to Rs 952 crore for Q3 FY26.
• Net interest income (NII) grew 10.9% YoY to Rs 2,466 crore, with Net Interest Margin (NIM) improving to 2.6%.
• Non-interest income rose 8% YoY to Rs 1,633 crore, driven by core fee income growth.
• Asset quality significantly improved, with Gross NPA ratio declining to 1.5% and Net NPA ratio at 0.3%.
• Gross slippages fell to Rs 1,050 crore, the lowest in eight quarters, indicating stronger credit health.

Why It Matters: Yes Bank's Q3 FY26 results show robust profit growth, improved asset quality, and stronger core earnings.