YES Bank reports quarterly profit but flags impact of Supreme Court ruling

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The bank said recognising the ruling’s impact would have resulted in a quarterly loss of ₹5,217 crore, according to its filing.

By Reuters

Updated - October 17, 2026 at 08:37 PM. | MUMBAI

FILE PHOTO: YES Bank reported a 65 per cent rise in second-quarter profit, excluding the impact of the Supreme Court’s ruling on its AT-1 bond write-off. | Photo Credit: AINNIE ARIF

Yes Bank on Saturday reported a 65 per cent jump in second-quarter profit to ₹1,080 crore ($114 million), but said the figure did not reflect the impact of a Supreme Court ruling this week that set aside its 2020 write-off of ₹8,400 crore ($884 million) in additional tier-1 bonds.

Had the impact been recognised, the bank would have reported a quarterly loss of ₹5,217 crore after tax, it said in a filing.

Published on October 17, 2026

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