Last Updated:
Indian Overseas Bank’s total income during Q1 FY26 rises to Rs 8,866 crore, compared with Rs 7,568 crore a year ago.
Indian Overseas Bank Q1 Results.
Indian Overseas Bank Q1 FY26 Results: State-owned Indian Overseas Bank on Friday reported a 76 per cent jump in net profit to Rs 1,111 crore for the June 2025 quarter. Its interest income during April-June 2025 improved to Rs 7,386 crore, compared with Rs 6,535 crore in the year-ago period.
The Chennai-based bank had earned a net profit of Rs 633 crore in the same quarter of the previous fiscal year, according to a regulatory filing.
Indian Overseas Bank’s total income during Q1 FY26 rose to Rs 8,866 crore, compared with Rs 7,568 crore a year ago.
During the period, operating profit of the bank increased to Rs 2,358 crore, as compared to Rs 1,676 crore in the same quarter a year ago.
The bank’s asset quality showed improvement as gross non-performing assets (NPAs) declined to 1.97 per cent of gross advances at the end of the June quarter, from 2.89 per cent a year ago.
Similarly, net NPAs, or bad loans, declined to 0.32 per cent, as against 0.51 per cent in the year-ago period.
Capital adequacy ratio of the bank rose to 18.28 per cent, from 17.82 per cent in the same quarter of FY25.
Following the results, shares of IOB rose by 0.13 per cent to trade at Rs 39.96 apiece on the NSE, as of 1:38 pm
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
view comments
- First Published:
