Indian Overseas Bank reports strong half-year profit growth

Indian Overseas Bank reported a net profit of INR 1,22,642 Lakhs for the quarter ended September 30, 2025, an increase from INR 77,716 Lakhs in the same quarter of the previous year. For the half-year, the net profit surged to INR 2,33,746 Lakhs, up from INR 1,40,997 Lakhs year-on-year. Total income for the half-year reached INR 18,08,070 Lakhs, compared to INR 16,05,214 Lakhs in the corresponding half-year of 2024.

The bank’s Capital Adequacy Ratio (Basel III) stood at 17.94% as of September 30, 2025. Gross NPA decreased to 1.83% from 2.72% in the prior year, and Net NPA improved to 0.28% from 0.47%. The Return on Assets (Annualised) also saw an uptick to 1.20% for the quarter.