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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.Net profit stood at Rs. 3921.80  millions  compared to Rs. 3266.40 millions in the corresponding previous quarter,high by 20.06%.


(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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