Indian Overseas Bank (IOB) has reported a record net profit of ₹1,226 crore for the quarter ended September 30, 2025, marking a substantial increase of 57.79% year-over-year. The bank’s performance highlights strong growth in net interest income, improved asset quality, and enhanced operational efficiency, contributing to the all-time high profitability.
Financial Performance Highlights
Indian Overseas Bank (IOB) has announced robust financial results for the quarter ended September 30, 2025, demonstrating significant growth across key metrics. The bank’s net profit reached an all-time high, driven by improved operational performance and asset quality.
Key highlights from the announcement include:
- Net Profit: Increased by 57.79% to ₹1,226 crore.
- Operating Profit: Increased by 12.78% to ₹2,400 crore.
- Net Interest Income: Increased by 20.53% to ₹3,059 crore.
Key Financial Ratios
IOB has also demonstrated improvements in key financial ratios, reflecting enhanced operational efficiency and asset management:
- Net Interest Margin (NIM) Domestic: Increased to 3.35%.
- Net Interest Margin (NIM) Global: Increased to 3.21%.
- Cost to Income Ratio: Reduced by 321 bps to 45.76%.
- Return on Assets (ROA): Increased by 38 bps to 1.20%.
- Return on Equity (ROE): Increased by 305 bps to 19.95%.
Asset Quality Improvement
The bank has also made strides in improving its asset quality:
- Gross NPA: Reduced by 89 bps to 1.83%.
- Net NPA: Reduced by 19 bps to 0.28%.
- Provision Coverage Ratio: Increased by 42 bps to 97.48%.
Business Growth
IOB has achieved substantial growth in its overall business:
- Total Business: Grew by 14.10% to ₹6,17,034 crore.
- Total Deposits: Increased by 9.15% to ₹3,39,066 crore.
- Gross Advances: Increased by 20.78% to ₹2,77,968 crore.
Awards and Recognition
IOB has received several awards and accolades, recognizing its performance and initiatives:
- IOB Bags Rajbhasha Kirti Award for the Third Consecutive Year.
- IOB Leads Grievance Redressal Index for Third Month Running.
- IOB has received the SKOCH Platinum Award in the BFSI category.
Source: BSE