Indian Overseas Bank - Results

1) IOB Results for March 25 are declared. 2) Net Profit increased to Rs 1,051 crore for the Q4FY25 from Rs 808 crore for the Q4FY24, registering a growth of Rs 243 crore at 30.07% YoY basis. The same is increased by 20.25 % on a QoQ sequential basis. 3) Operating Profit increased to Rs 2,618 crore for Q4FY25 from Rs 1,961 crore for Q4FY24, registering a growth of Rs 657 crore at 33.50% YoY basis. The same is increased by 15.53 % on a QoQ sequential basis. 4) Net Interest Income (NII) increased by 13.03% to Rs 3,123 crore for Q4FY25 from Rs 2,763 crore for Q4FY24. The same is increased by 11.98 % on a QoQ sequential basis. 5) Cost to Income Ratio improved to 44.35% for Q4FY25 as against 62.58% for Q4FY24. The same was 44.55 % for the quarter ended 31.12.2024. Return on Assets (ROA) improved to 1.12 % for Q4FY25 as against 0.94% for Q4FY24. 6) Return on Equity (ROE) improved to19.53% for Q4FY25 as against 18.50% for Q4FY24. 7) Net interest Margin (NIM)- Domestic improved to 3.77 % for Q4FY25 as against 3.73 % for Q4FY24. The same was 3.47 % as on 31.12.2024. 8) This is all for information only. 9) This is not a buy/sell call. Thank you, Technofunda24