YES Bank Q2 profit rises 65% to Rs 1,080 cr; proforma impact of restatement of AT-I bonds revealed
Yes Bank is in focus in a quarterly results development for FY27.
· Business Today Mkts
Considering the proforma impact of the restatement of AT-I bonds' principal amount, it would be a net loss of Rs 5,217 crore for the September quarter and a loss of Rs 4,146 crore for the first half of FY27.
Key facts
- Period
- FY27
The analysis
Yes Bank reported Rs 1,080 cr, Rs 5,217 crore and Rs 4,146 crore for FY27, with movement of 65% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -3.4% on the day at ₹17.50, and has returned -26.3% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -3.1% over the same period, so Yes Bank is running 23.2 points behind its peers.
For Yes Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The company directly in focus is YESBANK.
- Sector exposure: Banks.
- The immediate tone of coverage reads negative.
In this story
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