Results19 Oct 2026 · Sat afternoon
YESBANKYES Bank
YES Bank's Q2 profit rises 65% to ₹1,080 crore; auditors flag Supreme Court AT1 ruling
YES Bank reported September-quarter net profit of ₹1,080 crore, up 65%, with auditors issuing a modified review report on the 15 October Supreme Court judgment on its AT1 bonds.
Price, Friday's close₹17.50▼ 3.42%
Last 5 days
- Sector
- Private bank
What happened
- Net profit was ₹1,080 crore against ₹654 crore a year earlier, up 65%. Net interest income rose 22.7% to ₹2,822 crore and provisions fell 24.2% to ₹317 crore, per Kotak Neo.
- Gross NPA was 1.2% against 1.6% a year earlier and net NPA 0.2%, per ScanX.
- Both outlets report that the Supreme Court judgment of 15 October on the bank's 2020 write-down of ₹8,415 crore of AT1 bonds is not reflected in the results. On a pro-forma basis the quarter would show a post-tax loss of ₹5,217 crore, per Kotak Neo.
- Kotak Neo said the bank was examining the matter. The shares closed at ₹17.50 on Friday, down 3.42%, per Zerodha Kite, before the results.
Why it matters
Kotak Neo's pro-forma figures put the bank's net worth at ₹46,970 crore against ₹53,268 crore reported.
Good to know: AT1 (Additional Tier-1) bonds are perpetual bonds banks issue to count towards their capital. A pro-forma figure shows what the results would look like if an event were reflected in them; it is not the reported number.
Key facts
- Net profit
- ₹1,080 crore (₹654 crore), up 65%
- Net interest income
- ₹2,822 crore, up 22.7% (per Kotak Neo)
- Pro-forma post-tax loss
- ₹5,217 crore if the AT1 ruling were reflected
- AT1 write-down at issue
- ₹8,415 crore (2020 decision)
Read the source
This is a summary of public news about YES Bank, for information only. It is not a recommendation to buy, sell or hold YESBANK.
YES Bank in the news before
- 16 OCT 2026 · EVENING · REGULATORYSupreme Court upholds quashing of Yes Bank's ₹8,415 crore AT1 bond write-off