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Indian Overseas Bank - Quaterly Results

09 Feb 2023 Evaluate
The revenue for the December 2022 quarter is pegged at Rs. 50555.30 millions, about 20.44% up against Rs. 41976.90 millions recorded during the year-ago period.A humble growth in net profit of 22.26% reported in 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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