Indian Overseas Bank reports 21% rise in Q3 consolidated net profit

Indian Overseas Bank | Bank - Public | BFSI | BSE: 532388 | NSE: IOB

20 Jan 2025 Evaluate

Indian Overseas Bank has reported results for third quarter ended December 31, 2024 (Q3FY25).

The bank has reported 20.91% rise in net profit at Rs 873.66 crore for Q3FY25 as compared to Rs 722.56 crore for the same quarter in the previous year. Total income of the bank increased by 13.07% at Rs 8,409.25 crore for Q3FY25 as compared to Rs 7,437.17 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 20.87% rise in its net profit at Rs 875.27 crore for the quarter ended December 31, 2024 as compared to Rs 724.14 crore for the same quarter in the previous year. Total income of the bank increased by 13.07% at Rs 8,415.34 crore for Q3FY25 as compared to Rs 7,442.66 crore for the corresponding quarter previous year.

Peers

Company Name	CMP
State Bank Of India	997.00
PNB	116.65
Bank Of Baroda	237.80
Canara Bank	123.90
Union Bank Of India	178.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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