Yes Bank has released its unaudited standalone results for Q2FY25, showing impressive growth in net profit and total income both on a quarterly and yearly basis. Here are the key highlights of Yes Bank's performance during the July-September 2024 quarter:
Despite an increase in provisions, Yes Bank has managed to achieve solid growth in both net profit and total income. The bank's focus on improving asset quality is evident from the reduction in net NPAs, both sequentially and on a YoY basis.
Conclusion: Yes Bank’s Q2FY25 results reflect a strong recovery with improved profitability and a healthier balance sheet. The lender has successfully navigated challenges, maintaining robust growth while controlling non-performing assets.
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