Indian Overseas Bank · NSE: IOB · BSE: 532388

Q1 FY24 results · Apr–Jun 2023

Indian Overseas Bank reported revenue from operations of ₹5,427.45 crore (up 22.3% from Q1 FY23) and net profit of ₹504.04 crore (up 28.2% from Q1 FY23) for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
ItemQ1 FY24Q1 FY23YoYQ4 FY23QoQ
Interest earned5,427.454,436.12+22.3%5,194.72+4.5%
Other income806.71595.09+35.6%1,435.85−43.8%
Total income6,234.165,031.21+23.9%6,630.57−6.0%
Profit before tax511.10396.82+28.8%891.35−42.7%
Net profit for the period504.04393.10+28.2%655.63−23.1%
EPS, basic (₹)0.260.21+23.8%0.00—
Net margin (%)9.38.912.6
Standalone · ₹ crore
ItemQ1 FY24Q1 FY23YoYQ4 FY23QoQ
Interest earned5,424.314,434.74+22.3%5,192.44+4.5%
Other income803.03593.46+35.3%1,429.98−43.8%
Total income6,227.345,028.20+23.8%6,622.42−6.0%
Profit before tax507.36395.97+28.1%1,913.67−73.5%
Net profit for the period500.35392.18+27.6%1,677.86−70.2%
EPS, basic (₹)0.260.21+23.8%0.34−23.5%
Net margin (%)9.28.832.3
Consolidated
Filed with BSE
02 Aug 2023, 16:49 IST
Board meeting
02 Aug 2023
Period
01 Apr 2023 to 30 Jun 2023
Review status
Unaudited
Source
XBRL filing on BSE
Standalone
Filed with BSE
02 Aug 2023, 16:49 IST
Board meeting
02 Aug 2023
Period
01 Apr 2023 to 30 Jun 2023
Review status
Unaudited
Source
XBRL filing on BSE