Indian Overseas Bank quarter 3 profit jumps 56% to Rs 1,365 crore
15-Jan-2026
Indian Overseas Bank (IOB) reported a 56% year-on-year jump in net profit at Rs 1,365 crore for the third quarter, extending its Rs 1,000-crore-plus quarterly profit run to the fourth straight quarter since March 2025.
Total income rose 15% year-on-year to Rs 9,672 crore, driven by growth in both interest and non-interest income. Interest income increased 15% to Rs 8,172 crore during Q3FY26, while non-interest income also grew at a similar pace to Rs 1,499 crore. Interest expenses rose 13% to Rs 4,874 crore, helping net interest income (NII) grow 18% to Rs 3,299 crore.
News Source:- https://www.financialexpress.com/business/news/indian-overseas-bank-quarter-3-profit-jumps-56-to-rs-1365-crore/4107206/
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