Indian Overseas Bank — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Indian Overseas Bank reported an all-time high quarterly net profit of INR 1,659 crores for Q1 FY27, up 49.32% year-on-year, with operating profit of INR 2,693 crores, up 14.21% year-on-year. Net interest margin improved to 3.37% globally and 3.48% domestically, while gross NPA fell to 1.33% and net NPA to 0.18%. Management discussed a board-approved INR 5,000 crore capital raising plan, ECLGS disbursement progress, and provisioning built up against expected credit loss requirements.
Indian Overseas Bank reported total business growth of 20.76% to Rs 6,78,614 crore for FY2026, with advances up 24.16% and deposits up 18.03%. Net profit grew 56.16% to approximately Rs 5,208 crore, while GNPA improved to 1.42% and NNPA to 0.21%. Management also discussed ECL provisioning, treasury performance, MSME and agriculture exposure, and digital initiatives during the analyst Q&A.