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Indian Overseas Bank - Quaterly Results

06 Aug 2022 Evaluate
The revenue zoomed 9.15% to Rs. 44347.50 millions for the quarter ended June 2022 as compared to Rs. 40631.70 millions during the corresponding quarter last year.Modest increase of 20.06% in the Net Profit was reported from. 3266.40 millions to Rs. 3921.80  millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Interest Earned 44347.50 40631.70 9.15 44347.50 40631.70 9.15 167298.70 169655.30 -1.39
Other Income 5934.50 15441.70 -61.57 5934.50 15441.70 -61.57 49030.20 55590.20 -11.80
Interest Expended 26809.90 25666.10 4.46 26809.90 25666.10 4.46 104187.30 110670.30 -5.86
Operating Expenses 13208.40 13208.40 -4.74 13208.40 13865.60 -4.74 54512.50 55617.20 -1.99
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 6304.00 13196.80 -52.23 6304.00 13196.80 -52.23 39838.50 50560.90 -21.21
Tax 37.90 78.50 -51.72 37.90 78.50 -51.72 695.20 82.40 743.69
PAT 3921.80 3266.40 20.06 3921.80 3266.40 20.06 17095.40 8314.70 105.60
Equity 189024.10 189024.10 0.00 189024.10 189024.10 0.00 189024.10 164369.90 15.00
OPM 23.14 40.71 -43.15 23.14 40.71 -43.15 34.45 34.75 -0.88
Peers
Company Name CMP
State Bank Of India 980.40
PNB 115.70
Bank Of Baroda 235.55
Canara Bank 123.30
Union Bank Of India 177.55
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