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.