IOB Q2 FY27 Results: Net Profit Jumps 56% to ₹1,912 Cr

(IOB) reported a 56% year-on-year increase in net profit to ₹1,912 crore for Q2 FY27, compared with ₹1,226 crore in the corresponding quarter last year. Growth was supported by higher interest income and improved asset quality. 🔥 KEY HIGHLIGHTS 🔹 Net Profit: Rose 56% YoY to ₹1,912 crore. 🔹 Interest Income: Increased 17% to ₹9,201 crore from ₹7,849 crore a year ago. 🔹 Gross NPA Ratio: Improved to 1.19% from 1.83% in Q2 FY26. 🔹 Share Price: Traded at ₹30.01, up 4.56% over the previous close on the BSE, as reported. 📊 Key Takeaway: IOB delivered strong profit growth alongside an improvement in asset quality. Investors may monitor future earnings, credit quality and margin trends. #NiveshResearch #IndianOverseasBank #IOB #Q2Results #BankingSector #StockMarket #IndianStocks #NSE #BSE Investment in securities market are subject to market risks. Read all the related documents carefully before investing.