Indian Overseas Bank's Q3 FY 2025-26 Quarterly Results
- 14 Jan 2026
Result Summary
- Indian Overseas Bank reported a 4.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 14.9%.
- Its expenses for the quarter were up by 3.7% QoQ and 15.0% YoY.
- The net profit increased 13.4% QoQ and increased 63.1% YoY.
- The earnings per share (EPS) of Indian Overseas Bank stood at 0.71 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 9671.58 | 9216.33 | 8415.34 | 4.9% | 14.9% |
Total Expenses | 7068.48 | 6814.81 | 6147.72 | 3.7% | 15.0% |
Provisions & contingencies | 1235.65 | 672.46 | 1028.64 | 83.8% | 20.1% |
Profit Before Tax | 1367.45 | 1729.06 | 1238.98 | -20.9% | 10.4% |
Tax | 2.33 | 501.16 | 363.71 | -99.5% | -99.4% |
Profit After Tax | 1427.16 | 1258.82 | 875.27 | 13.4% | 63.1% |
Earnings Per Share | 0.71 | 0.65 | 0.00 | 9.2% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Indian Overseas Bank, a major public sector bank in India, provides a wide range of banking products and services, including commercial and retail banking, treasury, and financial services. The bank's offerings are designed to cater to the diverse financial needs of its customers, from individual account holders to large corporations. While specific recent developments related to the company are not available, Indian Overseas Bank operates in the banking industry, which is characterized by regulatory changes, market competition, and digital transformation trends. The bank's performance in the financial sector is influenced by these industry dynamics, as well as economic factors such as interest rates and government policies.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Indian Overseas Bank reported a total income of ₹9671.58 crores. This represents a quarter-over-quarter (QoQ) increase of 4.9% from ₹9216.33 crores in the second quarter of FY26 (Q2FY26). On a year-over-year (YoY) basis, the total income grew by 14.9% from ₹8415.34 crores in the third quarter of FY25 (Q3FY25). This growth in revenue reflects the bank's ability to enhance its income streams over both the quarter and the year, aligning with broader trends in the banking industry where digital services and diversified financial products contribute to income growth. The increase in total income suggests an upward trend in the bank’s revenue generation capacity during this period.
Profitability
For Q3FY26, Indian Overseas Bank's Profit After Tax (PAT) stood at ₹1427.16 crores, marking a 13.4% increase from ₹1258.82 crores in Q2FY26. Compared to the same quarter in the previous year (Q3FY25), the PAT grew by an impressive 63.1% from ₹875.27 crores. The Profit Before Tax (PBT) for Q3FY26 was ₹1367.45 crores, which declined by 20.9% QoQ from ₹1729.06 crores in Q2FY26 but showed a YoY increase of 10.4% from ₹1238.98 crores in Q3FY25. The tax expense for Q3FY26 was significantly lower at ₹2.33 crores, a drastic reduction from ₹501.16 crores in Q2FY26 and ₹363.71 crores in Q3FY25. This sharp decrease in tax expenses contributed to the substantial increase in PAT. Earnings Per Share (EPS) for Q3FY26 was reported at ₹0.71, up from ₹0.65 in the previous quarter, indicating a 9.2% QoQ growth. There is no YoY comparison available for EPS as it was not reported in Q3FY25.
Operating Metrics
The total expenses for Indian Overseas Bank in Q3FY26 were ₹7068.48 crores, which is a 3.7% increase from ₹6814.81 crores in Q2FY26 and a 15.0% rise from ₹6147.72 crores in Q3FY25. The bank's provisions and contingencies for Q3FY26 were ₹1235.65 crores, reflecting a significant QoQ increase of 83.8% from ₹672.46 crores in Q2FY26 and a YoY increase of 20.1% from ₹1028.64 crores in Q3FY25. These figures indicate a heightened focus on provisioning, potentially aligning with regulatory requirements or adjustments in risk assessment. Such increases in provisions and contingencies are common in the banking industry as part of prudent financial management to mitigate potential future risks.