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Source: The Hindu BusinessLine
Yes Bank reports robust 65% jump in net profit at ₹1,080 cr
SC judgment on AT-I bonds: Bank is evaluating all legal remedies available to it, including such further proceedings as may be maintainable before the Supreme Court.
Important StoriesYes Bank reports robust 65% jump in net profit at ₹1,080 crIDBI Bank stake sale: FinMin cites High Court ruling, Budget speeches to reject irregularity claimsHDFC Bank reports 5% increase in Q2FY27 standalone net profit at ₹19,510 croreICICI Bank Q2 profit jumps 20.1% to ₹14,843 crore; margins come under pressureAxis Bank Q2 profit rises 37.6% to ₹7,003 crore as provisions fall 52.2%Follow UsFOLLOW US ON WHATSAPPHomeGO BACK TO HOME THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. Yes Bank reports robust 65% jump in net profit at ₹1,080 cr SC judgment on AT-I bonds: Bank is evaluating all legal remedies available to it, including such further proceedings as may be maintainable before the Supreme Court. By BL Mumbai Bureau Updated - October 17, 2026 at 09:31 PM.×ShareWhatsAppXFacebookLinkedInMessengerRedditMailhttps://www.thehindubusinessline.com/money-and-banking/yes-bank-reports-robust-65-jump-in-net-profit-at-1080-cr/article71597394.eceCopy The Bank said it is presently evaluating the consequential implications of the judgment, including the decisions and actions required to give effect to it, the manner and timing of implementation, and the resulting financial and accounting implication | Photo Credit: AINNIE ARIF
Yes Bank reported a robust 65 per cent year-on-year jump in second quarter (Q2FY27) standalone net profit at ₹1,080 crore against ₹654 crore in the year ago period on the back of a healthy growth in net interest income and other income and decline in provisions.
In the interest of transparency in view of the recent Supreme Court decision upholding the Bombay High Court judgment and dismissing the appeal filed by the Bank relating to write down of Additional Tier 1 (AT1) Bonds aggregating ₹8,415 crore, the Bank disclosed that assuming the estimated financial impact of the judgment had been recognised as at September 30, 2026, it would have incurred a loss of ₹5,217 crore in Q2FY27.
Further, the capital adequacy ratio - Basel III would remain unchanged, the annualised return on assets (average) would be negative at 4.3 per cent (proforma) against 0.9 per cent (not recognising the impact of the judgment) in Q2FY27.
Also, the net worth would decline to ₹46,970 crore (₹53,268 crore) and borrowings would increase to the tune of the re-instated bonds ( ₹8,415 crore) to ₹86.149 crore.
Vinay M. Tonse, Managing Director & CEO, Yes Bank,said, “Our Bank delivered another quarter of steady performance, with Net Profit growing 65 per cent year-on-year to ₹1,080 crore, supported by healthy growth in core operating income and continued improvement in asset quality.”
“We respect the judgment of the Supreme Court relating to the Bank’s Additional Tier 1 Bonds. We are examining it in detail and will take appropriate steps in accordance with the applicable legal and regulatory requirements. We will keep our stakeholders informed as matters progress.”
The Bank said it is presently evaluating the consequential implications of the judgment, including the decisions and actions required to give effect to it, the manner and timing of implementation, and the resulting financial and accounting implications.
Yes Bank is also evaluating, in consultation with its legal advisers, all legal remedies available to it, including such further proceedings as may be maintainable before the Supreme Court.
“Pending completion of this evaluation and determination of the consequential actions and appropriate accounting treatment, the potential financial impact arising from the judgment has not been recognised in the books of account or incorporated in the reported financial results for the quarter and half year ended September 30, 2026,” the Bank said.
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