New Delhi, July 21 -- Yes Bank share price gained over 2% in early trade on Monday after the lender reported its Q1 results. Yes Bank shares rallied as much as 2.13% to Rs.20.60 apiece on the BSE.

Yes Bank reported a standalone net profit of Rs.801 crore in the first quarter of FY26, registering a growth of 59% compared to Rs.502 crore in the same quarter last year. The bank's net interest income (NII) in Q1FY26 increased by 5.7% year-on-year (YoY) to Rs.2,371 crore, led by a fall in the cost of funds.

Net interest margin (NIM) improved to 2.5%, while operating profit increased by 53.4% YoY to 1,358 crore.

Asset quality during the June quarter remained stable, as Gross NPA and Net NPA remained unchanged sequentially at 1.6% and 0.3%, r...