Yes Bank Q1 profit surges 34% on strong loan growth

Yes Bank on Saturday reported a 34% increase in net profit for the first quarter from a year earlier, riding on strong loan growth and better margins.

Net profit rose to ₹1,071 crore in the quarter ended June 2026 from ₹801 crore a year ago. The bank's loan book increased 18% to ₹2.85 lakh crore, led by an extraordinary 41% expansion in advances to corporate and institutional clients. Net interest income (NII) also rose 18% to ₹2,786 crore.

Loans in the commercial banking segment, including to medium and small companies, increased 17%.


Chief executive Vinay Tonse said growth from the corporate segment was due to demand from some sectors like oil and metals, and that strong performance in one quarter may not be attributed as a trend of sustained growth.

"We have seen demand from some segments like metals and oil, and that is reflecting in our loan book. There is oil demand normally, but this time may be there was more pressure on these companies because of the geopolitical situation. But overall, we have seen granular growth which is well diversified, and we expect this secular trend to continue," Tonse said. The bank expects its overall loan growth to continue at current rates, the CEO said.