Summary

Indian Overseas Bank has reported a historic high net profit of ₹ 1,111 Cr for the first quarter of 2025, marking a significant growth of 75.57% Y-o-Y. The bank's operating profit increased by 40.70% to ₹ 2,358 Cr, and net interest income rose by 12.50% to ₹ 2,746 Cr. The net interest margin stood at 3.04%. The cost to income ratio improved by 754 bps to 44.22%, return on assets (ROA) improved by 44 bps to 1.14%, and return on equity (RoE) improved by 490 bps to 19.00%. Total business grew by 12.19% to ₹ 5,93,213 Cr, total deposits increased by 10.75% to ₹ 3,30,792 Cr, and gross advances grew by 14.05% to ₹ 2,62,421 Cr. The bank's gross NPA improved by 92 bps to 1.97%, net NPA improved by 19 bps to 0.32%, and slippage ratio improved by 3 bps to 0.10%. The provision coverage ratio improved by 51 bps to 97.47%, and CRAR improved by 46 bps to 18.28%.

Key Highlights

1. 1

   Net Profit jumps to historic high of ₹ 1,111 Cr

2. 2

   Operating profit increased by 40.70 % to ₹ 2,358 crore

3. 3

   Net Interest Income increased by 12.50 % to ₹ 2,746 crore

4. 4

   Cost to Income Ratio improved by 754 bps to 44.22 %

5. 5

   Return on Assets (ROA) improved by 44 bps to 1.14%

6. 6

   Return on Equity (RoE) improved by 490 bps to 19.00 %

7. 7

   Total Business grew by 12.19 % to ₹ 5,93,213 crore

8. 8

   Total Deposits up by 10.75 % to ₹ 3,30,792 crore

9. 9

   Gross Advances increased by 14.05 % to ₹ 2,62,421 crore

10. 10

    Gross NPA improved by 92 bps to 1.97 %

11. 11

    Net NPA improved by 19 bps to 0.32 %

12. 12

    Slippage ratio improved by 3 bps to 0.10 %

13. 13

    Provision Coverage Ratio improved by 51 bps to 97.47 %

14. 14

    CRAR improved by 46 bps to 18.28 %