IOB Q2 FY26 Profit Surge, Deposit Growth

  Published 5 months ago

IOB posted strong Q2 FY26 growth: higher profit, NII, deposits, and lower NPA ratios overall.

  • Operating profit rose 12.77% to Rs 2,400.03 crore, while profit before tax jumped 75.94% in the quarter.
  • Net interest income increased 20.53% to Rs 3,059 crore, boosting NIM to 3.21% in Q2 FY26.
  • Total deposits grew 9.15% to Rs 3,39,066 crore, while CASA ratio slipped to 40.52% this quarter.

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