YES Bank Q2 Results 2026: Board meet, PAT seen up 48%

Board meeting set for October 17, 2026

YES Bank has informed the BSE that its Board of Directors will meet on October 17, 2026 to consider and approve the unaudited financial results for Q2 and the half year ended September 30, 2026. The meeting is part of the bank’s scheduled results cycle and will cover standalone and consolidated numbers, as referenced in exchange updates cited in the provided material. Separately, the bank also disclosed a conference call for the quarter and half year ended September 30, 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A media report included in the text adds that the investor and analyst call is scheduled for October 17, 2026 at 3:00 pm IST. For investors, the key focus remains the extent to which loan and deposit growth is translating into higher net interest income, and whether margins hold up amid funding cost pressures.

What analysts are expecting for Q2 FY27 earnings

Street expectations in the supplied text point to a strong year-on-year earnings print for YES Bank in Q2. One estimate says net profit is expected to rise 48% year-on-year to Rs 969 crore, led by robust loan growth and higher net interest income (NII). Another line in the same material frames expectations as “up to 41% YoY growth in PAT” and a 4% to 7% rise in NII, supported by healthy loan and deposit traction. The same set of expectations also flags that sequential performance may soften, with analysts citing weaker treasury gains and margin pressure as possible drags. This combination suggests the market is watching both growth and quality of earnings, not only the headline profit number.

Broker estimates: NII, PPoP and profit in focus

The excerpt includes estimates from Kotak Institutional Equities and JM Financial. Kotak Institutional Equities has pencilled in NII at Rs 2,836.6 crore, up 23.3% year-on-year and 2% quarter-on-quarter. Kotak sees pre-provision operating profit (PPoP) at Rs 1,777 crore, up 19.4% year-on-year but down 9.2% sequentially. Kotak’s net profit estimate is Rs 926.5 crore, up 41.6% year-on-year and 13.5% quarter-on-quarter, while noting that net interest margins (NIMs) may contract marginally.

JM Financial expects NII of Rs 2,817.5 crore, up 22.5% year-on-year and flat sequentially. JM’s PPoP estimate is Rs 1,583.4 crore, up 22.1% year-on-year but down 7.1% quarter-on-quarter. JM’s net profit estimate is Rs 899.5 crore, up 37.4% year-on-year but down 16% sequentially. Taken together, the estimates highlight that while year-on-year momentum looks strong, quarter-on-quarter variability may be influenced by treasury performance and operating leverage.

The latest disclosed quarterly performance in the text (Sept 30, 2025)

The provided material also includes a snapshot of YES Bank’s results for the quarter ending September 30, 2025. According to that excerpt, profit after tax rose 18.3% year-on-year to Rs 654.47 crore. Net interest income grew 4.5% year-on-year, and a separate line specifies NII at Rs 2,300.88 crore (up 4.5%). Non-interest income for the quarter rose 18% year-on-year to Rs 1,473.50 crore.

The text also contains another NII figure: “a 32% YoY increase in the net interest income (NIIs) to Rs 1,991 crore for the second quarter of the current fiscal.” Since the excerpt does not reconcile these values, readers should treat them as separate reported references within the supplied material rather than a single consistent data series. What is clear from the same set of lines is that the narrative around YES Bank’s quarterly performance has centred on steady NII growth and improving profitability.

Balance sheet growth indicators cited: advances, deposits, CASA

Alongside profit and NII, the excerpt highlights growth in advances and deposits. It states that advances crossed Rs 2.5 lakh crore, rising 6.4% year-on-year, and separately notes a 6.5% year-on-year increase in loans to Rs 2.50 lakh crore. Deposits are cited at Rs 2.97 lakh crore, up 7.1% year-on-year. CASA (current account savings account) is mentioned at Rs 1.00 lakh crore. These datapoints matter because deposit growth and mix can influence funding costs, while loan growth affects interest-earning assets and the pace at which NII can expand.

What the FY2025-26 directors’ report signals about profitability

The directors’ report excerpt for FY2025-26 (year ended March 31, 2026) indicates an improvement in profitability metrics. Return on assets (RoA) strengthened from 0.6% in FY2024-25 to 0.8% in FY2025-26, and the bank exited Q4 FY2025-26 at 1.0% RoA, as per the text. The report also says net profit for FY2025-26 was Rs 34,755.86 million, compared with Rs 24,058.59 million in FY2024-25, an increase of 44.5%. Converting the net profit figures to a single base unit, this is approximately Rs 3,475.59 crore versus Rs 2,405.86 crore.

The report further states that net interest income increased by 9.3% to Rs 97,756.4 million in FY2025-26 from Rs 89,443.46 million in FY2024-25. In crore terms, that is approximately Rs 9,775.64 crore versus Rs 8,944.35 crore. The net interest margin (NIM) is cited at 2.6% for FY2025-26. These FY signals provide context for the market’s focus on whether NIM holds up in the latest quarter despite deposit cost pressures referenced by analysts.

Market impact: what investors may track on results day

Based on the expectations and historical references in the text, the immediate market reaction is likely to hinge on three measurable items: the reported NII versus estimates, the trajectory of NIM, and the degree of sequential softness in PPoP and profit (if any) due to treasury gains normalising. The excerpt explicitly mentions that quarter-on-quarter performance may soften because of weaker treasury gains and margin pressure. At the same time, it emphasises healthy loan and deposit growth, including FCNR deposits being cited as a support factor for growth in the broader analyst commentary.

Investors will also look for confirmation of the balance sheet growth numbers and whether the deposit franchise can sustain growth without compressing margins. With the board meeting and conference call scheduled for October 17, 2026, management commentary during the call, as referenced in the disclosure, will be a key channel for clarifying drivers behind NII movement and profitability.

Why this quarter matters in YES Bank’s trajectory

The directors’ report excerpt frames FY2025-26 as a period of “sustained progress and renewed momentum,” with improved RoA and higher profit year-on-year. Against that backdrop, the Q2 and half-year numbers for the period ended September 30, 2026 represent an important check on whether the improvement is continuing at the operating level. The estimates in the text point to strong year-on-year profit growth, but also highlight that sequential trends could be mixed. That combination raises the bar for delivery on operating metrics such as core NII growth and stable margins.

Key dates and disclosures to note

YES Bank’s exchange communication, as reproduced in the text, places the results approval at the board meeting on October 17, 2026. The conference call disclosure is also referenced, and a report in the supplied material specifies a 3:00 pm IST call on the same day. Investors typically track the presentation and call for additional details on quarterly drivers, particularly when estimates are pointing to margin pressure and reduced treasury gains.

Conclusion

YES Bank’s board meeting on October 17, 2026 sets the stage for the lender to release its Q2 and half-year results for the period ended September 30, 2026. Estimates quoted in the provided material point to strong year-on-year growth in net profit and NII, while flagging potential sequential pressure from margins and treasury income. The results announcement and the scheduled conference call are expected to provide the market with clearer visibility on NII momentum, NIM direction, and the sustainability of growth in advances and deposits.