YES Bank Q2 Profit Rises 65%; AT1 Hit May Risk 5,217 Cr Loss

YES Bank Q2 profit rises 65%; AT1 hit may risk 5,217 cr loss

YES Bank's net profit increased by 65% to 1,080 crore in the second quarter, driven by higher income. However, factoring in a Supreme Court judgment could lead to a post-tax loss of 5,217 crore. The court upheld a ruling concerning the bank's AT1 bonds, impacting its financial reporting. The bank's auditors noted that the financial outcomes might have been significantly different without this recognition.

Yes Bank reports robust 65% jump in net profit at ₹1,080 cr

SC judgment on AT-I bonds: Bank is evaluating all legal remedies available to it, including such further proceedings as may be maintainable before the Supreme Court.

YES Bank Q2 Profit Rises 65% to ₹1,080 Crore

YES Bank has announced a substantial 65 per cent year-on-year increase in its standalone net profit, reaching ₹1,080 crore for the second quarter of FY27. This figure marks a significant rise from ₹654 crore reported during the same period last year, primarily attributed to a notable increase in net interest income and a reduction in […]

Yes Bank Q2 Results: Net Profit Surges 65% To Rs 1,080 Crore, NII Up 23% YoY; Asset Quality Stable

Yes Bank's standalone net profit rose to Rs 1,080 crore in the September quarter from Rs 654 crore a year earlier. Net interest income increased to Rs 2,822 crore, while operating profit climbed 29.4% and provisions declined year-on-year.