Yes Bank Q1 Profit Surges 34% on Strong Loan Growth

Yes Bank reported a 34 percent year-on-year jump in net profit to around Rs 1,071 crore for the quarter ended June 2026, up from Rs 801 crore a year earlier. Loan book grew 18 percent to Rs 2.85 lakh crore, driven by an exceptional 41 percent expansion in corporate and institutional advances, while net interest income rose 18 percent to Rs 2,786 crore. CEO Vinay Tonse attributed the corporate growth to demand from oil and metals sectors amid geopolitical pressures, but said the bank expects its overall loan growth to continue at current rates, backed by granular and diversified advances.