IOB Q1 Profit Doubles, NPA Falls

  Published 8 months ago

Indian Overseas Bank’s Q1 FY26 profit jumps 105% YoY as NPAs fall sharply and deposits, advances show solid growth.

  • Operating profit rose 41% YoY to ₹2,358 crore; NII increased 12% to ₹2,746 crore, supporting earnings momentum.
  • Gross NPA ratio improved to 1.97%, net NPA to 0.32%, reflecting healthier asset quality and stronger balance sheet.
  • Total business reached ₹5.93 lakh crore; CASA ratio improved to 43.78%; capital adequacy ratio strengthened to 18.28%.

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