Indian Overseas Bank Q1 results: Net profit jumps 76% YoY to Rs 1,111 crore; asset quality and margins improve
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Indian Overseas Bank (IOB) witnessed a significant surge in net profit for the quarter ended June 2025, reporting Rs 1,111 crore, a 76% YoY increase. This growth was fueled by enhanced income and improved asset quality. The bank's gross and net NPAs also saw a reduction, contributing to a stronger financial performance, with capital adequacy ratio also improving. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
