Indian Overseas Bank (IOB) has announced the approval of its unaudited financial results for Q3 2026, marking a period of strong financial performance. The Board of Directors approved the results in a meeting held on January 14, 2026. Key highlights include details on interest earned, other income, and expenditure, with a focus on improved asset quality and profitability. The bank continues to focus on growth and stability in the evolving financial landscape.
Financial Performance
Indian Overseas Bank (IOB) reported a net profit of ₹136.51 crore for the quarter ended December 31, 2025, compared to a net profit of ₹87.37 crore for the same period last year. The bank’s total income increased to ₹967.16 crore for the quarter, driven by higher interest income and other operating income.
Key Financial Metrics
- Interest Earned: Increased to ₹817.24 crore.
- Other Income: Stood at ₹149.92 crore.
- Operating Profit: Reported at ₹260.31 crore.
Asset Quality
The bank’s asset quality improved with gross NPA at 1.54% and Net NPA at 0.24%. The Capital Adequacy Ratio (CAR) stood at 16.30% as of December 31, 2025, indicating a strong capital position.
Segment Performance
The segmental performance reveals contributions from treasury operations, corporate/wholesale banking, and retail banking. The treasury segment reported a profit of ₹48.78 crore, while corporate/wholesale banking recorded ₹176.02 crore profit. The retail banking segment contributed ₹14.54 crore.
Strategic Focus
IOB continues to focus on improving its operational efficiency and asset quality. The bank remains committed to supporting its customers and stakeholders through its wide range of financial services and products. The bank is also focused on enhancing its digital capabilities to meet the evolving needs of its customers.
Source: BSE
