Tue Apr 22 04:40:00 UTC 2025: ## Yes Bank Shares Surge on Strong Q4 Profit

**MUMBAI, INDIA –** Shares of Yes Bank jumped 5% on April 21st following the release of the private lender’s fourth-quarter financial results, which showed a significant increase in net profit. The bank reported a 63% year-on-year surge in net profit, reaching ₹738 crore (approximately $90 million USD) compared to ₹452 crore in the same period last year. This growth was attributed to a 32.5% decrease in provisions for bad loans.

The bank also reported positive growth across key metrics. Net interest income rose 5.7% to ₹2,276 crore, while other income increased by 11% to ₹1,567 crore. Loans grew by 8.1% year-on-year, and deposits increased by 6.8%. The gross non-performing asset ratio remained stable at 1.60%. At 9:45 am on April 21st, Yes Bank shares were trading at ₹18.9 apiece on the BSE, with a market capitalization of ₹59,200 crore.

This positive news comes amidst other financial market updates, including information on the Traders Gurukul’s “BOTS” options trading summit and broader market indices like the Sensex and Nifty. For detailed market analysis and financial insights, readers are encouraged to visit Moneycontrol or download their app.

Read More