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IOB Q3 profit jumps 63% y-o-y, shares gain

GenevaTimes by GenevaTimes
January 14, 2026
in Business
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 Indian Overseas Bank (IOB) headquarters on Anna Salai in Chennai.

Indian Overseas Bank (IOB) headquarters on Anna Salai in Chennai.
| Photo Credit:
RAGHUNATHAN SR

Indian Overseas Bank has recorded a 63 per cent y-o-y growth in consolidated net profit at ₹1,427 crore for quarter ended December 2025.

During the same quarter last year, the profit stood at ₹875.26 crore.

Further, the bank’s asset quality also improved during the quarter under review.

Gross non-performing assets stood at at 1.54 per cent compared to 1.83 per cent in September quarter. Net NPAs declined to 0.24 per cent in December from 0.28 per cent in September.

The stock traded 2 per cent positive on the BSE at ₹36.16 as at 2.15 pm, after moderating between ₹35.45-36.75 during the session.

(more to come)

Published on January 14, 2026

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