YES Bank Q4 FY25 Results: Profit up 63.3%, NII 5.7%

What YES Bank reported for Q4 FY25

YES Bank reported a sharp year-on-year improvement in its March-quarter earnings, with standalone net profit rising 63.3% to Rs 738 crore in Q4 FY25. The bank had reported Rs 452 crore net profit in Q4 FY24. Net interest income (NII) increased 5.7% year-on-year to Rs 2,276.3 crore from Rs 2,153.1 crore, with multiple reports noting the NII print was above market expectations. Interest income for the quarter came in at Rs 7,616 crore, up 2.3% year-on-year.

The bank also pointed to progress on its turnaround strategy, stating that Q4 FY25 was among its strongest quarters post-restructuring. It said it achieved the lowest gross and net NPA levels since March 2020. For investors tracking core banking metrics, the quarter stood out for a combination of higher profitability, steadier margins, and improved asset quality indicators.

Net profit: sharp rise and sequential improvement

The Q4 FY25 net profit of Rs 738.12 crore compared with Rs 451.89 crore in Q4 FY24, as cited in the financial update. Sequentially, profit rose 20.55% from Rs 612 crore in Q3 FY25. Profit before tax was reported at Rs 996.31 crore in Q4 FY25 versus Rs 431.61 crore a year earlier.

The bank’s quarterly return on assets (RoA) was reported at 0.7%. YES Bank’s management described the quarter as another step in improving profitability, with execution focused on positioning and operating metrics.

Core income: NII and margin movement

NII for Q4 FY25 was reported at Rs 2,276 crore to Rs 2,276.36 crore (depending on the rounding in the reports), representing 5.7% growth over Q4 FY24. The net interest margin (NIM) for Q4 FY25 was 2.5%, up from 2.4% in Q4 FY24 and also reported at 2.4% in Q3 FY25. For the full year, NIM was stated at 2.4%.

The total interest income for Q4 FY25 was Rs 7,616 crore, indicating modest growth versus the previous year’s quarter. This combination of relatively moderate core income growth with improving profitability placed greater emphasis on costs, mix of liabilities, and provisioning outcomes.

Non-interest income: mixed disclosures across reports

The article set contains multiple figures for non-interest income. One section notes “non-interest income for the quarter came in at Rs 781 crore”, and also says that adjusted for unrealised and realised gains on investments, non-interest income rose 35% year-on-year. Another section states “non-interest income was up 10.9% to Rs 1,739 crore” and also reports FY25 non-interest income at Rs 5,857 crore, with Q4 FY25 contributing Rs 1,739 crore.

Given the different descriptions and presentation styles in the source text, the key point is that YES Bank reported growth in non-interest income for Q4 FY25 and FY25, with adjustments for investment gains highlighted in at least one disclosure.

Provisions: YoY fall, but QoQ rise

Provisions and contingencies were reported at Rs 318.07 crore to Rs 318.1 crore in Q4 FY25. On a year-on-year basis, provisions declined 32.44% to 32.5% from about Rs 471 crore in Q4 FY24. But on a sequential basis, provisions rose 23% from Rs 258.7 crore in Q3 FY25.

This pattern supports the narrative in the report: improved credit outcomes versus the previous year, alongside a cautious approach quarter-on-quarter.

Asset quality: GNPA steady, NNPA improves

Asset quality indicators were among the cleaner parts of the quarter. Gross NPA (GNPA) ratio was reported stable at 1.6% as of March 31, 2025. Net NPA (NNPA) ratio improved to 0.3% from 0.5% quarter-on-quarter, and compared with 0.6% in Q4 FY24 (as shown in the consolidated table).

In absolute terms, the bank’s gross NPAs were reported at Rs 3,935.61 crore as of March 31, 2025 versus Rs 3,982.56 crore as of March 31, 2024. Net NPAs were reported at Rs 800.14 crore in Q4 FY25 versus Rs 1,329.73 crore in Q4 FY24.

Gross slippages for Q4 FY25 were reported at Rs 1,223 crore, equal to 2.0% of advances, compared with Rs 1,348 crore (2.2% of advances) in Q3 FY25. The disclosure also broke down retail fresh slippages, including Rs 780 crore in retail assets, Rs 56 crore from rural, Rs 93 crore from MSME, and Rs 184 crore from the credit card portfolio.

Balance sheet: advances, deposits, CASA, and PSL

For FY25, advances grew 8.1% year-on-year to Rs 2.46 lakh crore, which is Rs 246,000 crore. Deposits grew 6.8% year-on-year to Rs 2.85 lakh crore, which is Rs 285,000 crore. The CASA ratio improved to 34.3%, compared with 30.9% a year ago and 33.1% quarter-on-quarter.

The bank said it achieved 100% priority sector lending (PSL) compliance in FY25. Management commentary also noted that the bank brought down the net carrying value of security receipts to ‘NIL’.

Stock move and the timing of price snapshots

The text reports different price snapshots around the earnings period. One line shows a price movement of 18.47 with a gain of 0.39 (2.15%) and notes “Updated - 25 March 2026”. Another section says YES Bank jumped 4.48% to Rs 18.90 after results. A consolidated table also lists share price at Rs 18.09 and a 1-year stock performance of -24.5%.

These figures indicate that the stock reaction to the quarterly print was positive at the time of reporting, while longer-horizon performance metrics in the same dataset show a decline over one year.

Key numbers table (Q4 FY25)

Why the Q4 FY25 print matters

The quarter combined higher profits with stable margins and a clear improvement in net NPA. The fall in provisions year-on-year, alongside steady GNPA and lower slippages versus the previous quarter, helped support the bottom line even as core income growth remained modest.

Management also provided specific FY26 growth targets in the disclosures: loan growth of 12% to 15% for FY26 depending on macro conditions, deposits growing slightly higher than loans, and the retail business loan book expected to grow 10% to 12%. These stated targets set the next reference points for investors tracking execution.

Conclusion

YES Bank’s Q4 FY25 results showed 63.3% profit growth to Rs 738 crore, NII growth of 5.7% to about Rs 2,276 crore, and improved asset quality with net NPA at 0.3%. FY25 also ended with advances at Rs 246,000 crore and deposits at Rs 285,000 crore, alongside a higher CASA ratio of 34.3% and full PSL compliance. The next key monitorables, based on the bank’s own commentary, are FY26 loan and deposit growth targets and the sustainability of margins and asset quality trends.