Yes Bank Q1 Results: Profit Beats Estimates At Rs 1,071 Crore As Core Interest Income Surges 18%

Yes Bank Q1 FY27 net profit surged 33.7% YoY to Rs 1,071 crore, beating Bloomberg consensus estimates of Rs 977 crore.

Net Interest Income (NII) rose 17.5% YoY to Rs 2,786.46 crore, driven by 18.4% growth in gross advances to Rs 2.85 lakh crore.

Operating profit expanded 25.5% YoY to Rs 1,704 crore, exceeding market projections of Rs 1,579 crore.

Total deposits grew 14% YoY to Rs 3.15 lakh crore but saw a marginal sequential decline, reflecting industry-wide pressure on liability mobilization.

Gross NPA ratio remained stable at 1.3%, while provisions rose to Rs 394 crore as the bank fortified its balance sheet against unsecured credit risks.