Indian Overseas Bank (IOB) reported a 75.56% rise in its standalone net profit y-o-y to ₹1,111 crore in the June quarter of FY 2025-26 (Q1 FY26). Its profit stood at ₹632.8 crore in the same period a year ago.
The bank’s net interest income jumped 13% y-o-y to ₹2,747 crore in the quarter under review, as against ₹2,441 crore in Q1 FY25. Its net interest turnover grew to ₹2,746 crore in the June quarter of FY26, up 12.4% from ₹305 crore in the first quarter of FY25 to 10.8%.
The asset quality of this publicly owned company has improved, with gross non-performing assets (GNPA) coming in at a record 1.97% in the first quarter of FY26 from 2.14% in the previous quarter and 2.89% in the June quarter of FY25. Similarly, its net NPA (NNPA) fell to a record 0.32% from 0.37% in the fourth quarter of FY25 and 0.51% in the same period a year ago.
During the quarter, IOB’s debt-to-equity ratio improved to an estimated 1.77 from 1.84 in the fourth quarter of FY25 and 1.96 in the same period last year.
Post-year, the bank projected quarter-on-quarter (QoQ) enrolments grew 20.6% to ₹844 crore as against ₹1,063 crore in the previous quarter.
Its total deposits stood at ₹3.31 lakh crore as on June 30, 2025, up 10.75% from ₹2.99 lakh crore in the corresponding quarter last year.
The bank’s return on assets (ROA) jumped 44 basis points to 1.14% during the quarter as against 0.70% in Q1 FY25.
IOB Stock Performance
Shares of Indian Overseas Bank were trading 0.43% higher at ₹40 per share on the National Stock Exchange (NSE) as of 1:47 pm.
The stock has gained 2.8% so far this week and 2.57% since the beginning of July. It declined 0.03% in Q1 FY26 and 22.7% on a year-to-date basis.
The stock hit a 52-week high of ₹33.50 on April 7, 2025, while it hit a one-year key level of ₹72.60 per share on July 29, 2024.
As per data from NSE, Indian Overseas Bank has a total market share of ₹77,026.36 crore as on July 18, 2025.
