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Good news for YES Bank! Profit expected to increase to Rs 415 crore


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Emkay recently released its predictions for the third quarter earnings (October – December ’24) in the Banking sector. Here’s a breakdown of their expectations for Yes Bank.

Yes Bank’s Expected Net Profit

Emkay anticipates that Yes Bank will report a net profit of Rs. 415.1 crore, showing a significant increase of 705.6% compared to the same period last year and a 62.6% increase from the previous quarter.

Net Interest Income (NII) Outlook

According to Emkay, Net Interest Income (NII) for Yes Bank is expected to rise by 4.5% compared to the previous year and by 5.3% compared to the previous quarter, reaching Rs. 2,059 crore.

Pre Provision Operating Profit (PPOP) Projections

The Pre Provision Operating Profit (PPOP) for Yes Bank is predicted to experience a 6.6% year-on-year decrease but a 2.7% quarter-on-quarter increase, amounting to Rs. 853.4 crore.

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