Are Yes Bank latest results good or bad?

Yes Bank has reported its financial results for the quarter ending March 2025, showcasing notable growth in several key metrics. The Profit After Tax (PAT) reached Rs 738.12 crore, reflecting a year-on-year growth of 63.3%, which is the highest PAT recorded in the last five quarters. This indicates a positive trend in profitability for the bank.
The bank's asset quality appears to be improving, with Gross Non-Performing Assets (NPA) decreasing to 1.60%, the lowest level in five quarters. Additionally, the Net NPA stands at a low 0.30%, further underscoring the bank's efforts to manage stressed loans effectively. The Net Interest Income for the quarter was reported at Rs 2,276.36 crore, marking the highest figure in the last five quarters, which highlights a solid performance in core banking activities.

However, there are concerns regarding the bank's Non-Operating Income, which accounted for 174.57% of Profit Before Tax (PBT) and reached Rs 1,739.26 crore, the highest in five quarters. This heavy reliance on non-business income could present challenges to the sustainability of the bank's financial model.

Overall, Yes Bank has seen an adjustment in its evaluation, reflecting the mixed nature of its financial performance, with strong growth in profitability and asset quality, but also concerns regarding its income structure.