Moneycontrol PRO
LAMF
LAMF

Indian Overseas Bank Sep quarter profit jumps 58% to Rs 1,226 crore

Interest income rose to Rs 5,856 crore during the September quarter of FY'26, from Rs 5,055 crore in the year-ago period.
October 16, 2025 / 15:30 IST
Indian Overseas Bank Sep quarter profit jumps 58% to Rs 1,226 crore

Public sector lender Indian Overseas Bank (IOB) on Thursday reported a 58 per cent jump in net profit at Rs 1,226 crore for the second quarter ended September 30 of the current fiscal.

The bank had a net profit of Rs 777 crore in the September quarter of the 2024-25 fiscal.

Interest income rose to Rs 5,856 crore during the September quarter of FY'26, from Rs 5,055 crore in the year-ago period.

Gross non-performing assets (NPA) improved to 1.83 per cent during the July-September quarter, from 2.72 per cent of total loans in the same quarter of 2024.

Shares of IOB were trading at Rs 39.99, down 0.60 per cent over the previous close on BSE.

PTI
first published: Oct 16, 2025 03:30 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347