Yes Bank Results Q3: A Mixed Bag for Retailers? What to Watch Out For

Yes Bank Results Q3

Key Highlights Yes Bank Results Q3

  • Yes Bank’s net profit for Q3 2024 jumped from ₹51 crore to ₹231 crore for the October to December quarter. However, falling short of market expectations of ₹415.1 crore.
  • The bank’s gross NPA remained unchanged at 2% from the previous year, but the net NPA improved slightly from 1.0% to 0.9%.
  • Yes Bank’s net profit for Q3 was Rs 231.6 crore, a 349.7% increase from Rs 51.5 crore a year ago.
  • The bank’s gross NPA remained steady at 2% in Q3, while net NPA improved to 0.9%.
  • Net Interest Income (NII) grew only 2.3% from last year to ₹2,016.8 crore.
  • Net Interest Margin for the quarter stood at 2.4%, a growth of 10 basis points compared to the September quarter.
  • Operating profit rose 5.4% to Rs 864 crore
  • Deposits grew 13.2% to Rs 2.4 lakh crore.
  • Provisions fell from ₹844.7 crore to ₹554.7 crore during the same period.
  • CASA ratio declined slightly to 29.4% from 29.7% a year ago.

Missed the Railway Run? Catch These 7 Aerospace & Defence Stocks Before They Take Off 

Top Pradhanmantri Suryodaya Yojana Stocks: 11 Stocks Picks Across 3 Key Sectors to Watch

The wait is almost over! Bengaluru-based food delivery leader, gears up for a $1 billion IPO

Yes Bank Share Results

Disclaimer: The information provided on this website is for general informational purposes only and should not be construed as financial advice, investment recommendations, or guarantees of any kind. This information is not intended as a substitute for professional financial advice. You should always seek the advice of a qualified financial advisor before making any investment or financial decisions.

5/5 - (1 vote)
Sharing Is Caring:

Hey, I'm Soniya Luthra (founder of, a Chartered Accountant and seasoned stock market expert with extensive experience in trading and fundamental analysis. As an active participant in the market, I'm passionate about using my expertise to provide clear, actionable insights and guidance, helping readers make informed financial decisions.

Leave a Comment

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

FinanceFundaa will use the information you provide on this form to be in touch with you and to provide updates and marketing.