IOB Q1 net profit surges 76 pc to Rs 1,111 cr

The total income rose to Rs 8,866 crore during the June quarter of 2025-26, from Rs 7,568 crore in the same quarter of FY25, IOB said in a regulatory filing. Interest earned by the bank improved to Rs 7,386 crore, as compared to Rs 6,535 crore in the June quarter FY25. During the period, operating profit of the bank increased to Rs 2,358 crore, as compared to Rs 1,676 crore in the same quarter a year ago. The bank’s asset quality showed improvement as gross non-performing assets (NPAs) declined to 1.97 per cent of gross advances at the end of the June quarter, from 2.89 per cent a year ago.