INDIAN OVERSEAS BANK Q4 FY26 Results

Summary

Indian Overseas Bank (IOB) reported robust financial performance for Q4FY26 and the full fiscal year 2026, with net profit for Q4 jumping by 43.20% year-on-year to ₹1,505 crore and full-year net profit soaring by 56.16% to ₹5,208 crore. The bank's total business witnessed strong growth of 20.76% to ₹6.79 lakh Crore, underpinned by a significant improvement in asset quality, with Gross NPA ratio declining to 1.42% and Net NPA ratio to 0.21%. Net Interest Income (NII) also showed healthy growth, increasing by 11.11% to ₹3,470 crore in Q4FY26. These results highlight IOB's consistent growth momentum and strengthening financial health, further supported by an enhanced Capital Adequacy Ratio of 19.78% and strategic branch network expansion.

Key Highlights

1. 1

   Net Profit for Q4FY26 surged by 43.20% year-on-year to ₹1,505 crore, while for the full fiscal year 2026, it increased by 56.16% to ₹5,208 crore.

2. 2

   The Bank's total business expanded by 20.76% year-on-year, reaching ₹6.79 lakh Crore as of March 2026.

3. 3

   Asset quality showed significant improvement with the Gross NPA ratio reducing by 72 basis points year-on-year to 1.42% and the Net NPA ratio decreasing by 16 basis points year-on-year to 0.21%.

4. 4

   Net Interest Income (NII) grew by 11.11% to ₹3,470 crore in Q4FY26, contributing to a full-year NII of ₹12,574 crore, up by 15.46% year-on-year.

5. 5

   The Capital Adequacy Ratio (CAR) strengthened by 74 basis points year-on-year to 19.78% in Q4FY26.

6. 6

   The Provision Coverage Ratio (PCR) increased by 20 basis points year-on-year, reaching 97.50%.

7. 7

   IOB expanded its pan-India presence by adding 159 branches, taking its network to 3,494, and increased its Business Correspondents by 2,052 to 12,187.