Yes Bank Q2 profit seen up 48% as AT-1 bond ruling weighs
In short
Yes Bank is expected to post Q2 net profit of Rs 969 crore, up 48% from a year earlier. The gain is linked to strong loan growth and higher net interest income.
The bank’s shares are still under pressure because of the Supreme Court ruling on its Rs 8,415 crore AT-1 bond write-off. It is not stated in the available reporting how the stock will move next.
What the reporting says
Yes Bank is expected to report a 48% year-on-year jump in Q2 net profit to Rs 969 crore, supported by robust loan growth and higher net interest income. The report also says investor attention remains on the Supreme Court ruling that invalidated its Rs 8,415 crore AT-1 bond write-off. The immediate question is whether the profit outlook can offset pressure on the stock, which has already been affected.
Why it matters
Yes Bank is expected to post a 48% rise in Q2 net profit to Rs 969 crore, helped by loan growth and higher net interest income. At the same time, investors are still focused on the Supreme Court ruling that invalidated the bank’s Rs 8,415 crore AT-1 bond write-off. The reporting does not say whether the earnings outlook will be enough to reverse stock pressure.