YES BANK LIMITED

During the earnings conference call on July 18, 2026, YES Bank Limited reported a net profit growth of 33.7% year-on-year to INR 1,071 crores for Q1 FY27, despite a decline in non-core income streams. Management highlighted a strong operating profit increase of 25.5% and a net interest income rise of 17.5%. The bank's asset quality improved, with gross slippage at 1.4% of advances, and retail slippages at their lowest in ten quarters. Total advances grew 18.3% year-on-year, while total deposits increased by 14.3%. Management noted external validation through upgrades from rating agencies, reflecting improved fundamentals. They also mentioned a focus on maintaining a strong capital position and enhancing profitability, with a goal of achieving a return on assets around 1% for the full year. The management expressed confidence in the bank's strategy and execution moving forward.

Management emphasized strong performance and improvements in various financial metrics.