Indian Overseas Bank · NSE: IOB · BSE: 532388

Q2 FY24 results · Jul–Sep 2023

Indian Overseas Bank reported revenue from operations of ₹5,824.90 crore (up 23.4% from Q2 FY23) and net profit of ₹627.18 crore (up 25.4% from Q2 FY23) for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.

Consolidated · ₹ crore
ItemQ2 FY24Q2 FY23YoYQ1 FY24QoQ
Interest earned5,824.904,719.04+23.4%5,427.45+7.3%
Other income1,116.601,134.96−1.6%806.71+38.4%
Total income6,941.505,854.00+18.6%6,234.16+11.3%
Profit before tax635.50504.89+25.9%511.10+24.3%
Net profit for the period627.18500.21+25.4%504.04+24.4%
EPS, basic (₹)0.000.27−100.0%0.26−100.0%
Net margin (%)10.810.69.3
Standalone · ₹ crore
ItemQ2 FY24Q2 FY23YoYQ1 FY24QoQ
Interest earned5,821.024,717.61+23.4%5,424.31+7.3%
Other income1,114.191,134.84−1.8%803.03+38.7%
Total income6,935.215,852.45+18.5%6,227.34+11.4%
Profit before tax632.92505.95+25.1%507.36+24.7%
Net profit for the period624.58501.34+24.6%500.35+24.8%
EPS, basic (₹)0.330.27+22.2%0.26+26.9%
Net margin (%)10.710.69.2
Consolidated
Filed with BSE
28 Oct 2023, 17:29 IST
Board meeting
27 Oct 2023
Period
01 Jul 2023 to 30 Sep 2023
Review status
Unaudited
Source
XBRL filing on BSE
Standalone
Filed with BSE
28 Oct 2023, 17:29 IST
Board meeting
27 Oct 2023
Period
01 Jul 2023 to 30 Sep 2023
Review status
Unaudited
Source
XBRL filing on BSE