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

(IOB) posted a 56% year-on-year surge in net profit to ₹1,912 crore in Q2 FY27, compared with ₹1,226 crore in the year-ago quarter. Higher interest income and better asset quality supported the bank’s performance. 🔥 KEY HIGHLIGHTS 🔹 Net Profit: Advanced 56% YoY to ₹1,912 crore. 🔹 Interest Income: Grew 17% to ₹9,201 crore from ₹7,849 crore. 🔹 Gross NPA Ratio: Declined to 1.19% from 1.83% in Q2 FY26, indicating improved asset quality. 🔹 Share Price: Stood at ₹30.01, up 4.56% from the previous close on the BSE, as reported. VIEW: IOB recorded robust earnings growth alongside a reduction in its gross NPA ratio. Investors may track future earnings, asset quality and net interest margins to assess the bank’s performance. #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.