Indian Overseas Bank Shatters Records: Q3 Net Profit Soars 57.79% to ₹ 1,226 Crores

Indian Overseas Bank (IOB) has reported a stellar performance for the quarter and half year ended 30th September 2025. The bank's net profit has hit an all-time high of ₹ 1,226 crores, marking a significant increase of 57.79% year-over-year (YoY). The operating profit also saw a substantial rise of 12.78% to ₹ 2,400 crores. The net interest income increased by 20.53% to ₹ 3,059 crores, and the net interest margin (NIM) for both domestic and global operations also improved. The cost to income ratio reduced, and the return on assets (ROA) and return on equity (ROE) saw a significant increase. The total business grew by 14.10% to ₹ 6,17,034 crores, and total deposits increased by 9.15% to ₹ 3,39,066 crores. The bank's asset quality also improved, with a reduction in gross and net NPA ratios. The bank's recovery for the quarter increased to ₹ 874 crores. IOB has also been recognized with several awards and accolades for its implementation of the Official Language, grievance redressal system, and in-house initiatives.