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Indian Overseas Bank - Quaterly Results

02 Aug 2023 Evaluate
A fair growth of 22.31% in the revenue at Rs. 54243.10 millions was reported in the June 2023 quarter as compared to Rs. 44347.40 millions during year-ago period.Good  Net Profit growth of 27.58% reported above the corresponding previous quarter figure of Rs. 3921.80 millions to Rs. 5003.50 millioins.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Interest Earned 54243.10 44347.40 22.31 54243.10 44347.40 22.31 194003.30 167298.70 15.96
Other Income 8030.30 5934.60 35.31 8030.30 5934.60 35.31 41087.50 49030.20 -16.20
Interest Expended 31015.00 26809.90 15.68 31015.00 26809.90 15.68 111454.40 104187.30 6.98
Operating Expenses 17805.20 17805.20 34.80 17805.20 13208.40 34.80 64214.60 54512.50 17.80
Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prov.& Contigencies 8379.60 6304.00 32.93 8379.60 6304.00 32.93 35939.30 39838.50 -9.79
Tax 70.10 37.90 84.96 70.10 37.90 84.96 2494.60 695.20 258.83
PAT 5003.50 3921.80 27.58 5003.50 3921.80 27.58 20987.90 17095.40 22.77
Equity 189024.10 189024.10 0.00 189024.10 189024.10 0.00 189024.10 189024.10 0.00
OPM 24.80 23.14 7.16 24.80 23.14 7.16 30.63 34.45 -11.08
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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