Yes Bank Q1 FY27 Results (NSE: YESBANK)
Signal: Earnings grew
The read
Profit growth was driven by strong NII expansion and retail banking turnaround, but provisions jumped 39% YoY and net debt rose sharply; core operating momentum is healthy.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹9,842.26 Cr | 5.3% | 4.9% |
| EBIT | ₹1,703.97 Cr | 25.5% | |
| Net profit | ₹1,070.99 Cr | 33.7% | |
| EPS | ₹0.34 | 30.8% | |
| EBIT margin | 17.31% |
P&L walk
Consolidated P&L not fully printed; standalone used as proxy. Total income from XBRL block is ₹9,924.99 Cr, tax ₹239.24 Cr, subsidiary impact minor.
Segments
Retail Banking turned around to a segment profit of ₹35.72 Cr vs loss of ₹317.96 Cr in Q4FY26 and loss of ₹668.04 Cr in Q1FY26, driving overall profit improvement.
Key positives
- Retail Banking segment turned profitable at ₹35.72 Cr vs loss of ₹66,804 lakh in Q1FY26.
- NII grew 17.5% YoY to ₹2,786 Cr, driven by loan growth and stable cost of funds.
- GNPA ratio improved to 1.3% from 1.6% YoY, with net NPA at 0.2%.
Key concerns
- Provisions surged 39% YoY to ₹394 Cr, partly due to higher contingent provisioning.
- Net debt increased sharply QoQ to ₹44,941 Cr as cash balances were deployed into advances.
- ROA dipped to 0.9% from 1.0% in Q4FY26, though still above 0.8% year-ago.
Research and educational content only. Not investment advice.