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Indian Overseas Bank - Quaterly Results

09 Feb 2023 Evaluate
A fair growth of 20.44% in the revenue at Rs. 50555.30 millions was reported in the December 2022 quarter as compared to Rs. 41976.90 millions during year-ago period.A slim rise of 22.26% was recorded in the Net profit for the quarter ended December 2022 to Rs. 5551.90  millions  From Rs. 4541.10 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Interest Earned 50555.30 41976.90 20.44 142078.90 125153.50 13.52 167298.70 169655.30 -1.39
Other Income 9504.80 11195.10 -15.10 26787.70 34999.10 -23.46 49030.20 55590.20 -11.80
Interest Expended 27838.70 26255.80 6.03 82291.10 78137.40 5.32 104187.30 110670.30 -5.86
Operating Expenses 16822.00 16822.00 36.69 45970.60 39518.80 16.33 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 9795.00 9989.30 -1.95 25981.30 30701.50 -15.37 39838.50 50560.90 -21.21
Tax 52.50 79.30 -33.80 136.50 223.30 -38.87 695.20 82.40 743.69
PAT 5551.90 4541.10 22.26 14487.10 11571.60 25.20 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 30.46 34.80 -12.48 28.58 33.96 -15.83 34.45 34.75 -0.88
Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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