Banking Penny Stock Under Rs 20: India's 6th Largest Private Bank Declares 63.7 Per Cent Jump In Q4 Net Profit With Strong Asset Quality And Lower Provisions
The company's current market capitalisation stands at Rs 56.720,840 crore. The stock has delivered an impressive return of around 6.11 per cent in the past one month.
On Saturday, April 19th, 2025, Yes Bank announced its financial results for the quarter and year ended March 31, 2025, showing stable growth in income and profitability. The bank reported a steady performance across key parameters, including net profit, income from core operations, and asset quality. Segment-wise, retail and corporate banking remained major contributors to revenue, while the capital adequacy and NPA ratios reflected a healthy financial position
YES Bank posted a standalone net profit of Rs 738.12 crore for the quarter ending March 31, 2025, reflecting a 63.7 per cent rise compared to Rs 451.9 crore in the same quarter of the previous year. This growth was driven by an uptick in interest income, lower provisioning requirements, and improved asset quality.
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The bank’s total income for the quarter increased to Rs 9,355.4 crore, slightly higher than Rs 9,015.8 crore in the corresponding period last year. Interest income rose to Rs 7,616.1 crore from Rs 7,447.2 crore, while other income went up to Rs 1,739.3 crore from Rs 1,568.6 crore year-over-year.
Operating profit before provisioning climbed to Rs 1,314.4 crore, compared to Rs 902.5 crore in the year-ago quarter. Provisions and contingencies dropped significantly to Rs 318.1 crore, down from Rs 470.9 crore, which supported the overall profitability.
In terms of asset quality, gross NPAs stood at Rs 3,935.6 crore, with the gross NPA ratio improving to 1.6 per cent from 1.7 per cent. Net NPAs reduced to Rs 800 crore, and the net NPA ratio declined to 0.3 per cent, compared to 0.6 per cent in the same period last year.
For the entire FY25, the bank recorded a net profit of Rs 24,058.6 crore, nearly doubling from Rs 12,510.8 crore in FY24.
Overall, the Q4 FY25 results demonstrate steady income growth, strong asset quality, and balanced contributions from all business segments. The financial performance reflects the bank’s operational resilience and prudent risk management approach.
On Thursday, the stock opened at Rs 17.87 per share and reached highs and lows of Rs 18.15 and Rs 17.72 per share, currently trading at around Rs 18.09 per share, reflecting a 1.23 per cent increase from the previous day's closing levels of Rs 17.87 per share on the BSE.
The company's current market capitalisation stands at Rs 56.720,840 crore. The stock has delivered an impressive return of around 6.11 per cent in the past one month.
Investors must keep this stock on their radar. It has the potential to become a multibagger stock in the future.
Disclaimer: The article is for informational purposes only and not investment advice.