Indian Overseas Bank (IOB) reported robust financial performance for the second quarter (July–September 2025), with strong growth in both profitability and asset quality.
Key Financial Highlights
- Net Interest Income (NII): ₹3,059 crore, up 21% YoY from ₹2,537 crore
- Net Profit: ₹1,226 crore, a 58% increase from ₹777 crore in Q2FY25
- Provisions: Declined to ₹672 crore from ₹844 crore in the previous quarter, aiding profitability
Asset Quality Improvements
- Gross NPA: 1.83%, down from 1.97% in June 2025
- Net NPA: 0.28%, improved from 0.32% sequentially
- Absolute NPAs: Gross NPA reduced to ₹5,078 crore (from ₹5,178 crore), and Net NPA declined to ₹776 crore (from ₹816 crore)
Provisions for NPAs also fell to ₹121.5 crore from ₹179 crore in the previous quarter, reflecting the bank’s continued focus on improving asset quality and risk management.
The strong quarter underlines IOB’s sustained recovery in core operations and its ability to manage credit quality effectively, positioning it well for continued growth in the upcoming periods.
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